Each day in the United States, about 10,000 baby boomers celebrate their 65th birthday.

Medicare doesn’t cover everything. Here’s how to avoid surprises

  • The average couple retiring today at age 65 will spend an estimated $280,000 on health care during the remainder of their lives.
  • Many people signing up for Medicare don’t realize that some budget-busters, like dental care and hearing aids, are generally not covered. Neither is care received overseas, long-term care and routine vision, among others.
  • Even the difference between being kept at the hospital for observation instead of being admitted as a patient can result in surprise costs.
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