The cost of healthcare
Probably one of the most difficult and significant expenses is related to healthcare. As we get older, our bodies require more medical attention and treatments, which can rapidly add up. Besides, Medicare doesn’t even cover all the needed medical costs, which might leave you with many out-of-pocket expenses.
However, planning and saving for possible healthcare costs in the future is mandatory if you don’t want to be shocked when you check your account. The best thing you can do is get a supplemental health insurance plan or even set up a health savings account (HSA) while working.
4 Responses
The worst cost is the ridiculous property taxes that the blue states have! NJ is the worst. That is a total waste of $$$!
Do not move to Palm Beach County in South Florida…..everything is more expensive insurance, both car and homeowners; higher rates than NJ!! HOA monthly fees are through the roof, entertainment, parking, food ..they are trying to gentrify the county for only the rich…; something Miami, Ft. Lauderdale and the like have been doing for years!!! Unless you have lots of $$$$…it’s not your “grandparent’s retirement ….and be most wary of your healthcare!!!
I will sell my house in a split second. Worst decision I ever made was buying a house. Even though I have a low interest rate, I am sick and tired of being nickel and dimed to death with fees by my mortgage company.
Curious on how your mortgage company can charge you more fees since owning the house.
Did you apply for an equity line credit, or refinance the mortgage? My experience has been when I closed on my house, there weren’t any more fees other than what I agreed to pay each month.