Did you know that Medicare may cover only about 60 percent of your health care costs in retirement? Out-of-pocket health care costs in retirement could have a significant impact on your retirement budget and the lifestyle you’ve planned to live.
I’d like to share Northwestern Mutual’s latest white paper, “Medicare Simplified. Know Your Options. Know the Costs,” which can help you understand the impact to your retirement savings and take steps to help safeguard it.
• What is and, more important, what isn’t covered under Medicare.
• What the four main parts of Medicare are and what they could cost.
• How to plan appropriately for your health care in retirement.
In addition, you’ll find scenarios to help you see how it all comes together and tools you can use to help create a post-retirement health care budget
Source: Northwestern Mutual