Conventional wisdom holds that the majority of early
retirees are in good health and that only a minority are in poor health.
Not exact matches
According to a new Bankrate survey out Monday, the Grand Canyon state
is home to three of the country's
best cities for
retirees, ranked by metrics like cost of living, weather, crime rate,
health care, taxes, walkability and the
well -
being of seniors living
in the area.
Private
health insurance
is an important factor for the
health of early
retirees, and those who maintain steady coverage tend to fare
best in retirement.
The majority of early
retirees are in poorer
health and have higher mortality risk than age 65
retirees, and only a minority have
health and mortality risk as
good as that of age 65
retirees.
Retirees tend to spend more on travel and other activities during the first few years after ending their careers, for example, since that
is when they
're most likely to
be in good health.
Retirees lucky enough to
be in good health post-65 years old may find that Medicare suits their healthcare needs.