Retirement can be a financially precarious period of life. After all, you're moving over to a fixed income and may not have the option to hold down a job to boost your earnings.

In a recent Nationwide survey, 56% of workers said that being able to pay for healthcare in retirement is a major goal. And there's one account that could make future medical costs easier to manage.

You may be inclined to simply boost your IRA or 401(k) plan contributions and use that extra money to cover your healthcare costs down the line. But if you really want to put yourself in a position to cover your senior medical costs without stress, it pays to have an account that's dedicated to healthcare spending. That's where a health savings account (HSA) comes into play.

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Source Fool.com