Many people think their health care in retirement will be free or close to it because of Medicare. Here is some bad news for you: Medicare is subsidized, but not free.  According to estimates by Fidelity, a single retiree can be expected to pay between $140,000 (men) and $150,000 (women) in health-care related expenses throughout their retirement, starting at age 65. For a couple, the expense is twice as much, close to $300,000. The sooner you learn the basics about Medicare and its likely costs, the more you’ll be able to plan and cover these costs. 

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