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Health Care Costs for Retirees Skyrocket

Retirement planning must include health care component.

As executive director of a legal aid office in South Florida, Barbara Prager bears witness every day to the serious health care decisions many older adults must make to squeak by on their modest incomes.

“With health care and prescription drug costs going up, more and more people are forced to make difficult choices: Do they use the money they have to pay their basic expenses, or do they forgo medicine they need, which may ultimately affect their health?” Prager says. “They’re juggling every month.”

Carole Fleck is a senior editor at the AARP Bulletin.

 

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