Guide to Health & Retirement
So it's time for you to relax; spend some time traveling; or even master your favorite hobbies; you may even want to start up a new sport or learn dancing. The world is your oyster. You're retiring!
Before you get started on your new adventure, you'll want to cover some basic steps.
- You need to protect your health. This not only means that you have to eat a few more healthy foods than you used to, but it also means regular screening and checkups. Even if you're out-and-about all the time, a regular check-up with your personal physician will help prevent more serious and costly conditions.
- You need to budget. As a senior, you'll face a limited income, few emergency sources of cash (other than what you've saved for retirement), and a lot of accruing costs (not only for your day-to-day living costs, but also costs that you never had to pay prior to retirement).
- You need to prepare for the worst. As a senior, you're in a very precarious position. One mishap could be costly. Ambulance fees and medical stays could run into the thousands of dollars, and the many medical treatments for seniors are surgical procedures, which could make a major dent in your budget, even if Medicare or other forms of aid could help defray some costs.
All of these new preparations are covered in our health and retirement articles listed above. In the meantime, you may want to look into a senior supplemental health plan.