You might be shocked by how much healthcare could cost you as a retiree

In a recent survey conducted by Nationwide, it found pre-retirees significantly underestimated the percentage of their Social Security benefits likely to go toward their healthcare as they age. The respondents to the survey expected about 15 percent of their Social Security check to be used on health expenditures during retirement and as many as four in 10 older adults don’t believe any of their Social Security benefits will be needed to pay for medical care. However, an analysis of healthcare costs of typical seniors shows that a retiree on average is expected to spend 64 percent of their Social Security income on health expenditures. Read attached article for the steps you can take to plan for your healthcare expenses as a senior. Read article here…

Notice: The link provided in the text above connects readers to the full content of the referenced article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or socialsecurityreport.org

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers