Is healthcare free when you turn 65? A guide to Medicare costs
While it is a common misconception, the idea that healthcare is entirely free when you turn 65 is incorrect. The reality is that the Medicare program, which most U.S. citizens become eligible for at age 65, involves various costs, though some parts, like Medicare Part A, may be premium-free for those who have paid sufficient Medicare taxes. Understanding these expenses is crucial for effective retirement planning.