Soaring inflation didn’t hit retiree healthcare in the way you might expect, for one main reason
A retiree leaving the workforce in 2023 can expect to spend the same amount of money on healthcare during retirement as someone who retired last year — the first time that estimate has remained flat year-over-year in about a decade — but that doesn’t mean the cost of medicine and doctor services hasn’t increased.
See: Medicare beneficiaries — here’s the help you’ll get from the Inflation Reduction Act in the new year, and in the future Retirees, near-retirees and young workers decades out from retirement should continue to be vigilant in saving for their healthcare costs in retirement, and prepare for those expenses, Manion said. “The big picture message here remains: it is still a lot of money,” she said.
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