3 Reasons Retirees Might Spend More on Healthcare Than Expected
There's a reason people are commonly advised to set themselves up with a decent amount of income in retirement. While some of your expenses, like commuting to an office, may disappear once you're no longer working, a lot of the bills you're facing as a member of the workforce might stay with you.
For example, you'll still need a roof over your head as a retiree. And you'll need to pay for utilities, food, and entertainment.
You'll also need to factor the cost of healthcare into your retirement budget. But that expense might end up exceeding your expectations -- and not in a good way. Here are some of the reasons why.
Source Fool.com
