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Eldercare
Reply to "Do you need a permanent place to live in retirement?"
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[quote=Anonymous][quote=Anonymous]Do you have a car? If so, where do you plan to register it and keep it. Health care can indeed be an issue. [b]If you are mid-sixties and Medicare eligible, you'll have to enroll in Medicare now or face penalities that translate into higher costs later. [/b]If you choose Medicare Advantage over traditional Medicare, chances are your coverage will have local networks of doctors and hospitals. Under traditional Medicare, you could get seen anywhere in the country, but you'll want to buy supplemental insurance to limit your out of pocket costs. Neither form of Medicare is going to help you if you are traveling overseas. So you might want to buy short-term health insurance for while you are traveling, or insurance that will pay to get you back to the U.S. if you have a health emergency abroad.[/quote] PP, can you say more about this or point me in the right direction? I am in early 60s and starting to think about this, especially as I am a few years older than DH. TIA![/quote]
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