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Managing the Cost of Healthcare in Retirement
John Chis • Sep 21, 2022
Managing the Cost of Healthcare in Retirement
Great 4 minute read from Finance of America about the importance of correctly planning for future healthcare costs.
64 million people are currently enrolled in Medicare, but Medicare does not cover all potential expenses for healthcare in retirement.
Important costs to consider depending on individual needs:
- Supplemental Insurance
- Long Term Care Insurance
- Assisted Living
- In Home Care
With a Health Savings Account (HSA) consumers can take advantage of tax-free funds to pay for qualified healthcare bills.
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