Northwestern Mutual

Retirement Myth #3: Healthcare Won’t Cost Much

Many people think health care won’t cost much in retirement because they’ll be covered by Medicare. Find out why experts say it might cost more than you’re paying now.

Medicare does not pay for all of a retiree's health care expenses. When you enter retirement, you actually may need to pay more for health insurance than what you're paying for now, while you're working. Learn what you can expect to pay for expenses such as:

  • Medigap and prescription coverage
  • Vision, dental and hearing expenses
  • Copays
  • Long-term care