Planning for retirement isn’t just about saving enough—it’s also about understanding what your health care costs will really look like. For those retiring at age 65 in 2026, average retirement health care spending is estimated at $185,500. Many assume Medicare will cover all medical expenses, but research shows over half of pre-retirees are surprised to learn that’s not the case. Medicare doesn’t pay for routine dental or vision exams, hearing aids, or long-term custodial care—gaps that can catch retirees off guard. Even services Medicare does cover come with out-of-pocket costs: in 2026, Part B premiums are projected to be around $203 per month, plus deductibles, about 20% coinsurance, and possible surcharges for higher incomes. Navigating these gaps is where careful planning matters. Reviewing your Medicare coverage early, exploring Medigap plan options during your enrollment window, and building reserves with health savings accounts can make all the difference. Helping clients make informed choices to protect their financial future is central to my approach—because your retirement should be as secure as you’ve worked for it to be.
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