4. Protect Yourself from Health Care Surprises
Medical expenses can be one of the biggest stress points in retirement. The trick is to stay prepared, not panicked.
If you’re on Medicare, review your plan every year during open enrollment. Prices and coverage change, and the right adjustments could save you hundreds. For additional coverage, explore Medigap or Medicare Advantage plans — they can help fill gaps that traditional Medicare doesn’t cover.
Also, look into long-term care insurance if you haven’t already. It’s not cheap, but it can protect your assets if you ever need extended care.
For prescriptions, ask your doctor about generic alternatives and compare pharmacies or mail-order services. Programs like Medicare Savings Plans or community clinics can help if you’re on a limited income.
Remember — your health is priceless, but your peace of mind doesn’t have to cost a fortune.
