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:

  1. Expect the unexpected — learn about Medicare and what it covers and explore long-term care costs.
  2. Prepare for big-ticket costs — open a Healthcare Savings Account (HSA) account and look into long-term care insurance options.

To read the full article 90% of New Retirees Are Facing This Common (and Expensive) Problem on Fool.com

Credit to:
90% of New Retirees Are Facing This Common (And Expensive) Problem
The Motley Fool / Fool.com, By Katie Brockman, Jun 12, 2019