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Ways to prepare to pay for your healthcare during retirement
According to Fidelity’s annual Retiree Health Care Cost Estimate it states that the average 65-year old couple retiring in 2020 can expect to spend $295,000 on medical expenses throughout retirement. This figure doesn’t account for all your costs; it includes Medicare premiums, copayments, and deductibles, but does not include most dental services and long-term care. So how do you prepare to pay for healthcare in retirement? In Maurie Backman’s article, she reviews some things you can do to prepare the best you can to pay for your healthcare during retirement. Read Ms. Backman’s article here…
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