5 Ways to Cover Health Care Costs in Retirement

One of the biggest concerns that people face during retirement is the high cost of healthcare and long term care. A lot of people think that government programs such as Medicare will cover their medical needs but this not the case for most Americans. According to a report by Fidelity, a couple who retired on 2013 will require more than $220,000 to cover their medical expenses. In order to avoid burning your pocket and exhausting all your assets, here are five practical ways to save money on healthcare and long term care after retirement: 

1. Get Medicare Supplemental Plan
2. Enroll in Medicaid Part D
3. Save money through prescriptions
4. Life a healthy and active lifestyle
5. Purchase ltc insurance

Visit this website for more information on how to cover your expensive long term care and healthcare cost.