Medical care is a significant retirement expense. Here’s how to plan for it
It’s no secret that healthcare is a huge expense for seniors. But new data from MedicareGuide.com reveals that women worry more about it than men.
In a recent survey of Medicare enrollees aged 65 and over, 66% of women said they’re concerned about their ability to pay for future healthcare costs. By comparison, only 51% of men said the same.
Furthermore, 18% of women reported having trouble paying for prescription drugs within the last year. On the other hand, only 11% of men claimed a similar hardship.