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How do your medical expenses compare? Dragana Gordic / Shutterstock.com
Many major expenses only shrink once you retire, but health care is hardly one of them. U.S. households led by someone who is 65 or older spend an average of $7,540 a year on health care, according to federal data on consumer spending for the latest calendar year available, which is 2022. That translates to about 13% of the total spent each year by senior households ($57,818) and makes health care…
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