From Nasdaq: 2024-04-14 03:18:00

Healthcare costs in retirement are on the rise, with Fidelity estimating the cost at $157,500 for a typical 65-year-old retiree. It’s crucial to make smart decisions about Medicare to manage healthcare expenses effectively. Enrolling in Medicare on time is essential to avoid penalties, especially if you don’t have coverage through a job. Choosing Medicare Advantage may offer more benefits, but it could lead to higher costs and limited provider options. Reviewing your Part D drug plan annually can help you save money on prescriptions. Being savvy with Medicare decisions can ease the financial burden of healthcare in retirement.



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