Healthcare costs shape your retirement planning

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Retirement budgets usually account for groceries, travel, and housing costs, yet the one expense that grows fastest with advancing age receives the least attention: medical care.

Health costs rise consistently faster than general inflation, and employer group cover ends abruptly with your last working day. Build a dedicated medical corpus early and hold personal health insurance that continues well past retirement age, and review your cover levels regularly as treatment costs continue to climb.

Anchor your retirement planning around healthcare as a separate line item, and your later years stay comfortably funded even when large medical bills arrive to surprise you.

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