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This Medicare Mistake Can Devastate Unprepared Retirees


It's no secret that you'll pay a lot for healthcare in retirement. You'll have monthly premiums and possibly more doctor visits than you did when you were younger. Even if you're a pretty healthy person, a single injury could result in tens of thousands of dollars in unexpected costs.

Fortunately, you don't have to pay for your medical expenses entirely out of your own pocket because you'll be able to count on Medicare in retirement. However, misunderstanding the role Medicare plays in your retirement healthcare plan could lead to massive out-of-pocket costs. Here's what you need to know to ensure all your bases are covered.

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Source Fool.com


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