Saturday, May 25, 2013

How to Tame Health-Care Costs in Retirement

Do you worry about your health care costs after you retire?
You should.
Americans' out-of-pocket medical spending in retirement can vary widely, but generally the numbers are big-and they have gotten a lot bigger over the past several years.
"Even though most American retirees benefit from Medicare coverage, a mounting body of research predicts that many will face large and increasing out-of-pocket expenditures for healthcare costs in retirement and that many already struggle to finance these costs," according to a recent study of consumer health care spending expectations in the American Journal of Law & Medicine.
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