Medical Expenses : expenses that cannot be avoided

Increasing Medical Cost

Medical costs cannot be reduced or cut as one grows older. The best solution is to plan for this expense. Says Professor Dr Khoo Ee Ming , who is with the Department of Primary Care at University Malaya , plan for medical expenses of RM 500,000 to RM 2 Million for an estimated retirement of 30 years. This amount includeds the cost of hiring a carer , if needed.