Prepare for this expense — or it could quickly derail retirement
What is the commonly overlooked expense? It’s healthcare, and many retirees are surprised by earlier-than-expected healthcare costs. Here are two things you can do:
- Expect the unexpected — learn about Medicare and what it covers and explore long-term care costs.
- Prepare for big-ticket costs — open a Healthcare Savings Account (HSA) account and look into long-term care insurance options.
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90% of New Retirees Are Facing This Common (And Expensive) Problem
The Motley Fool / Fool.com, By Katie Brockman, Jun 12, 2019