If you are looking for an additional way to save for retirement and get some excellent tax breaks, consider getting a health savings account (HSA). These accounts also enable you to save money on your medical bills.
Medical bills in retirement can be very expensive. Fidelity reveals that the average medical expenses for a couple after turning 65 are as much as $315,000, or $157,500 for a single person. Living longer than average may increase your medical costs.
