Wednesday, February 6, 2013

10 Biggest Retirement Mistakes: #1. Not Planning for Medical Costs in Retirement


If you retire before you are eligible for Medicare at 65, finding health insurance can be difficult and expensive.

Many employers have eliminated subsidized retiree health benefits for former employees. You can extend employer coverage under COBRA for up to 18 months, but you’ll have to pay the full premium without any help from the boss.

Depending on your health, it might be cheaper to find an individual policy with a high deductible.




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