Start planning for your retirement with these healthcare strategies.
Many people find retirement to be a daunting prospect. After spending years in a routine of work, retirement marks a significant change in lifestyle that can be overwhelming for some. The prospect of losing the daily structure and social interactions that work provides can leave some retirees feeling lonely and without a sense of purpose.
When we retire, we may be giving up more than staff meetings and desk lunches. Work’s social contact and mental demands might be beneficial to our mental health. According to a recent study, working longer, making decisions, and being surrounded by diverse individuals are all beneficial to brain function.
Medicare’s prescription drug coverage will be transformed by provisions in the Inflation Reduction Act of 2022, which, for the first time, allow the program to negotiate prices of some medications with drug manufacturers, cap out-of-pocket costs for beneficiaries, and provide free vaccinations for Medicare enrollees.