Most baby boomers haven’t saved enough to live even a modest, middle-income lifestyle after work ends [1,2]. Unexpected post-retirement expenses can quickly overwhelm resources – especially medical expenses. “Maintenance” medication expenses often take retirees by surprise as they transition to Medicare. Many don’t realize that Medicare has its own costs and, unlike private insurance, it has NO caps on most out of pocket expense. Even with supplementary insurance, some medical expenses never really go way – especially for drugs. Typical maintenance medications are designed to treat diseases of lifestyle – illnesses that are heavily associated with the nutritional and exercise…
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