3 Retirement Surprises to Get Ahead Of
Retirement is supposed to be about carefree days, fun with friends, and hobbies that make you smile. You can easily get distracted from that relaxed lifestyle, though, if financial stress sets in. Fortunately, you can address common financial setbacks in retirement well before you retire.
Here are three retirement surprises others have faced before you, and how to get ahead of them.
A recent report from financial company Fidelity estimated that an opposite-gender couple retiring in 2021 could spend $300,000 on healthcare costs throughout retirement. A single woman retiree could spend $157,000 in total, while a single man retiree should expect total healthcare expenses of $143,000. The report also notes that the total healthcare cost estimate has increased 10% since 2011.
Source Fool.com
