Many people expect that their living costs will go down after they retire, and are shocked to discover that their golden years are more expensive than they`d anticipated. In fact, the average retired household in the U.S. spends $46,000 a year, which is roughly $10,000 less than the average yearly outlay of all U.S. households, but a lot of money nonetheless. When we think about the various things seniors spend money on, that figure makes sense. It`s estimated that the average 65-year-old couple retiring today will rack up $285,000 in healthcare costs throughout their retirement years when factoring in Medicare premiums, deductibles, copays, and other out-of-pocket expenses. Throw in...
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