closeup of medical professional with tablet (Photo: Shutterstock)

There are many considerations that benefits advisors and their clients need to consider about Medicare coverage – well before clients think about retiring.

It’s critical to plan ahead, says Ari Parker, lead advisor at Chapter, a nationwide Medicare advisory based in New York City. Indeed, Fidelity recently released a survey report that found couples, each age 65, retiring this year will spend on average $315,000 in health care and medical expenses until the end of their lives – and 70 percent of the survey responses felt unprepared.

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