Healthcare costs don’t necessarily decrease in retirement, with expenses likely to rise. Prescription medications and diagnostic testing are non-negotiable expenses. There are ways to reduce healthcare spending in retirement, like reviewing Medicare Advantage or Part D drug plans annually for savings and utilizing preventive services. Dental cleanings, eye exams, and hearing aids are not covered by Medicare, but asking for self-pay discounts can help.

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Read more at Yahoo Finance: 3 Ways to Reduce Your Healthcare Spending in Retirement