Wednesday, August 12, 2020

Post-Retirement Healthcare Budgeting

A question I firmly believe is not asked and answered enough these days is – “how much should I budget for healthcare post-retirement (age 65), assuming I leave my employer (or other) plan and elect Medicare”?  This includes expenses related to medical/dental/vision, care and insurance premiums, and assumes Medicare (and its various parts/pieces) is in place to protect against catastrophic type loss.  Well, the answer might surprise a few folks, and is definitely something to consider if retirement is on the horizon!