5 Ways to Get the Most From Medicare
Healthcare is among the largest expenses in retirement, but making smart decisions about Medicare coverage early can help down the road, says contributor Mark Miller.
Looking for ways to save money in retirement? Start with healthcare.
A healthy 65-year-old couple retiring this year can expect to spend $322,000 (today's dollars) on Medicare premiums and dental insurance, according to Healthview Services, a maker of healthcare cost projection software. Add in deductibles, copays, hearing, vision, and dental cost sharing, and that figure rises to $404,000.