This Expense Is Costing 40% of Retirees More Than They Expected
We all hope we're going to remain healthy into our old age, but the truth is, you never can be sure. Even if you eat right and exercise regularly, you never know when an injury will send you to the emergency room or a broken tooth will force you to visit the dentist for a crown. The worst-case scenario is ending up with a costly illness that requires long-term care and frequent doctor visits, but even if that doesn't happen to you, you can pretty much bank on some healthcare costs in retirement -- and you may need to plan for more than you think.
Forty percent of retirees surveyed in the Employee Benefit Research Institute's 2020 Retirement Confidence Survey said they're spending more on healthcare and dental expenses than they'd anticipated they would when they first retired, with 13% of those saying they're spending much more than they'd expected.
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Source Fool.com
