Medical expenses are one of the biggest costs and financial concerns facing retirees. According to Fidelity’s latest annual report on retiree healthcare costs, a 65-year-old retiree is estimated to spend an average of $165,000 on healthcare and medical expenses during retirement.1 With Medicare’s annual enrollment period approaching on October 15th, Chapter and Fiducient Advisors provide a timely overview of Medicare, including:
• Medicare’s key components
• Enrollment information
• How to take action
• And more!
1Fidelity Investments® Releases 2024 Retiree Health Care Cost Estimate as Americans Seek Clarity Around Medicare Selection, August 8, 2024
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