The one huge expense most retirees aren’t ready for

Paul Brandus
The one huge expense most retirees aren’t ready for

You’re going to need it, because that’s what the average couple aged 65 and retiring this year, will spend on health care over the rest of their lives. What about Medicare, which kicks in at age 65? This is one of the biggest misunderstandings that people have: There’s lots of stuff that Medicare doesn’t cover.