Medicare Premiums and Prescription Drugs Come at a Shockingly Large Cost to Retirees
It's a sad fact of life that many people develop age-related ailments and need more medical care as they get older. Even if you stay healthy, visiting the doctor and taking medications as prescribed may be key reasons for that good health.
Unfortunately, because your medical care needs may increase as you age, you'll likely find yourself coping with increased healthcare expenses later in life. That can be a big problem if you're on a fixed income -- especially since the amount you could end up paying for medical care throughout your retirement is shockingly large.
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Source Fool.com