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This Hidden Retirement Trap Could Cost You $79,500


There are countless expenses to consider as you prepare for retirement. Not only do you have to account for general living expenses, but it's also important to plan for healthcare costs, travel and hobbies, and long-term care expenses.

There's one cost-related factor, though, that many retirees overlook entirely. And if you're not prepared for it, it could take a serious toll on your retirement savings.

Image source: Getty Images.

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Source Fool.com


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