Health care has become one of the biggest — and most costly — unknowns during retirement. Financial advisors say ignore what you don’t know and prepare for the worst.
The health-care debate in the United States has turned into a jumble of ideas. Some want to go back to a system similar to the one we had prior to the Affordable Care Act, others want to fix the issues in the current system, while still others want single-payer. While compromise feels unlikely at this point, it leaves a huge question for savers: What will health care look like when I retire? For that, there’s no clear answer.