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66% of Retirees Spend This Much on Health Care

As we age, the need for health care services rises. And millions of Americans depend on their Social Security benefit to cover the cost of such care. About two-thirds of retirees — 66% — spend more than $375 a month on health care costs, a recent survey by The Senior Citizens League (TSCL) found. That amount is equivalent to roughly one-quarter of the average Social Security benefit of $1…