Healthcare can be a large expense at any age. But in retirement, it can eat up quite a lot of your income.

As people age, health issues tend to emerge. So it's important to do what you can to save for healthcare expenses ahead of time, whether by funding an HSA or boosting your IRA or 401(k) plan contributions.

But it's just as important to understand how Medicare works. Once you turn 65, you'll be eligible for coverage under Medicare, and that's something you'll want to make the most of.

Continue reading

Source Fool.com