Healthcare Spending in Retirement

Once you reach retirement, you’re finally in total control of your time and your life. However, retirement typically comes with a fixed income and an increase in health problems. Finding ways to decrease your healthcare costs can make retirement more enjoyable. 

Focus on Prevention 

Many health issues will indeed arise as you age. However, if you take preventative measures you can keep your body healthier for much longer. Many chronic diseases develop due to some of the same causes and behaviors. As you enter retirement, focus on preventative measures you can take to keep yourself healthy. Start by eating a balanced diet full of fresh fruits and vegetables, whole grains, and lean meats. 

These foods give you the nutrients your body needs in order to function well. You also should be getting regular exercise. About 30 minutes of moderate exercise a day is a good way to keep your bones and muscles strong. Lastly, establish good sleep patterns so your body has time to rest and recover. Get between 7 and 9 hours of sleep each night. 

Take Care of All Aspects of Your Health 

Another way to reduce healthcare spending is by taking care of all parts of your health. If you are focused on keeping yourself healthy as a whole, you will have fewer problems to deal with. One of the most neglected elements of health is mental health. During retirement, it’s easy to feel lonely and isolated. You can improve your mental health by keeping in touch with family, making new friends, and engaging in activities that keep you social. 

In addition to mental health, you also want to make sure you address your dental health. Keep up with your oral hygiene routine by brushing and flossing daily. Eating fruits and vegetables is great for dental health. They provide you with vitamins and crunchy fruits and vegetables help to scrub away plaque on your teeth. 

Increase Savings 

There are plenty of insurance plans available that help you to pay for medical costs. However, these costs can still be significant and you are left with high premiums or out-of-pocket costs. To prepare for this, you should build up your savings before entering retirement. You should have savings built up to cover all costs, but it’s helpful to have a savings account dedicated to healthcare. You can also look into getting a Health Savings Account (HSA). An HSA allows you to contribute money to your account before taxes and you can use it for anything as long as it’s medically related. 


Your retirement doesn’t need to be weighed down by healthcare costs. The actions you take leading up to retirement and during your retirement can allow you to actually enjoy the time you have. Maintain your health and prepare financially so healthcare costs don’t become a problem. 

If you are going on Medicare, knowing your healthcare cost plays an important part of your retirement budget. Look into Medicare Supplement plans which can cover the gaps of original medicare.

Use our tool below to see what plans cost in your area and if you have questions, please contact us here at TCG Insurance Solutions


Did you enjoy this article? Here’s more to read: How to Make the Right Choice When It Comes to Your Retirement

TCG Insurance
Author: TCG Insurance

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