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Why is the cost of health care important in retirement?

Philip Lisagor, MD
Thoracic Surgery (Cardiothoracic Vascular)
The cost of health care in retirement is a significant issue, because people tend to be ill more frequently in later life. Many people retire before they become eligible for Medicare at age 65. Furthermore, even with Medicare, chronic long-term illnesses are not covered and become a financial burden to us.

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.