Can You Afford To Retire? The Health Care Costs You Must Plan For!
Health care costs have been on the rise for years. According to a report from the National Retirement Security Task Force, a 65-year-old couple retiring today can expect to pay an average of $300,000 in health care expenses throughout retirement. This staggering figure highlights the importance of incorporating health care planning into your retirement strategy. Long-term care insurance can be a valuable addition to your retirement plan. It helps cover costs associated with assisted living or nursing home care, which Medicare typically does not cover.