Older Americans Are Sorely Misinformed About Medicare -- and That Could Hurt Them During Retirement
Once you retire, you may find that healthcare becomes your single greatest recurring expense. This might especially hold true if your home is paid off by the time your career comes to an end.
That's why it's so important to know what to expect from Medicare once the time comes to start getting coverage. But recent data from Fidelity reveals that older Americans aged 58 to 76 lack key knowledge when it comes to Medicare coverage and enrollment. And that could result in a world of financial pain.
Image source: Getty Images.
Source Fool.com