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How to Plan for Health Costs in Retirement

Some services – like doctor visits and prescription drugs – are more predictable and easier to forecast

If you’re trying to budget for health care in later life, think about expenses in terms of “recurring” and “nonrecurring” services. That’s the advice in a new report from the Employee Benefit Research Institute in Washington. The study notes that some services—including doctor visits and prescription-drug use—are more predictable and, as such, easier to forecast. These recurring services are distinct from…Read More…

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