R etirement should be a time to relax and enjoy what you’ve worked so hard for during your lifetime... It’s not the time to worry about bankruptcy filings or becoming another burden to your family. For years now, I’ve been sounding the alarm on organizations that don’t have our interests at heart, from the government to Wall Street. You can’t depend on them to save you in retirement, which means you can only depend on yourself . Today, I’ll tell you exactly how to increase your income by getting back at some of the big guys... Big Pharma. It’s time to take what’s yours. Don’t just get even... get paid. Americans spend an obscene amount of money on medications. This one really makes me mad... Instead of spending your hard- earned money on activities you enjoy in your retirement like traveling, you’re forking it over for medications. About 75% of people 65 and older take a prescription medication. And they likely don’t just take one. According to one study from Oregon State University, as many as 40% of folks over 65 take five or more prescriptions. According to the Centers for Medicare and Medicaid Services, Americans spent about $335 billion on prescription medications in 2018. And they project annual spending will increase about 4.8% every year through 2024.
In dollars, it’s steep. The Kaiser Family Foundation reports that folks on Medicare spent an average of about $300 a year on prescription drugs. But that’s not everyone. Those with conditions that require special medication – like cancer or rheumatoid arthritis – pay anywhere between $4,000 and $12,000 a year... and these are people who DO have Medicare Part D. These prices are far too high. That’s why I’ve spent years finding ways to save money on prescriptions. You should never overpay for your medications. And I’ve even found a way to make the pharmaceutical company pay for your pills instead. Here are my three favorite cost-cutters to help you keep money in your pocket instead of giving it to Big Pharma’s coffers... THREE COST-CUTTERS FOR YOUR NEXT PRESCRIPTION Cost Cutter No. 1: Want to know the nearest place to buy the cheapest medications? Be sure to visit the website www.goodrx.com . This site identifies the cheapest retailers for your prescriptions and includes coupons for extra savings. Instead of spending your hard-earned money on activities you enjoy in your retirement like traveling, you’re forking it over for medications.
American Consequences
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