Healthcare

Most retirees know that healthcare is often the largest and most unpredictable expense in retirement, which can add up to hundreds of thousands of dollars on average. Healthcare can come from many sources, with Medicare being a major consideration in the financial planning process.

Managing and wrapping your head around health care costs and health insurance may seem like a daunting task. A financial wellness study by PricewaterhouseCoopers found that over one-third of baby boomers-38% to be exact-said that the cost of health care is their top fear.