Ask most people what healthcare costs in retirement and you'll get some version of:
"I turn 65, Medicare kicks in, problem solved."
Medicare is genuinely great. It is also not free, does not cover your teeth, does not cover hearing aids, has no out-of-pocket maximum on its own, and does not pay for the single most expensive thing that can happen to youlong-term care.
You've probably seen the scary headline number: $172,500. We'll get to why that number is both true and nearly useless.
Here's what actually goes in the budget. 👇