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The Shock of Medical Costs in Retirement…Steps You Can Take to Prepare

With some estimates of out-of-pocket health care costs in retirement approaching the $400,000 level for a couple, it’s no wonder why nearly half of those surveyed in SimplyWise’s July 2020 Retirement Confidence Index ranked this as a major concern. While these costs may be to some degree inescapable, though, there are some steps you can take to mitigate their impact on your financial picture in those ‘golden years.” The Motley Fool’s Maurie Backman provides some thoughts in a post on dailyjournalonline.com. Access it here…

 

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