How Much Should You Budget for Health in Retirement?

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We found this fascinating article on Cleveland Online. It’s called Let’s Get Real About Health Costs in Retirement.

It gives us a peek into the realities of retirement planning. Here’s a short yet interesting insight:

Retirement planning involves a lot of educated guesses. How long you’ll live, inflation rates, returns on your investments, your expenses — these may not end up being what you expected. Financial planners typically craft their assumptions about what’s most likely to happen and may suggest insurance or contingency plans to cover the worst-case scenarios.

Check out the rest of the article as it offers a lot more ideas that might be useful…

Read the source article at expo.cleveland.com