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Cutting Expenses in Retirement: 5 Health-Related Costs You Can Cut Back On

The article from MSN discusses ways to reduce health-related expenses during retirement. It highlights five key areas where retirees can cut back: 1. Prescription Medications - by opting for generics, using mail-order pharmacies, or exploring discount programs. 2. Gym Memberships - suggesting alternatives like home workouts, community centers, or outdoor activities to save on costly gym fees. 3. Over-the-Counter Products - recommending bulk buying, using store brands, and being cautious about unnecessary purchases. 4. Health Insurance - advising to review and possibly adjust coverage, considering Medicare supplements or Advantage plans that might offer better value. 5. Preventive Care - emphasizing the importance of preventive measures to avoid more expensive treatments later, like regular check-ups and vaccinations. The article encourages retirees to be proactive in managing their health costs to ensure financial stability in their later years.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/health/fitness-and-exercise/cutting-expenses-in-retirement-5-health-related-costs-you-can-cut-back-on/ar-AA1xq9Xm ]