Prices vary, so shop around. In addition to Medicare and supplemental medical insurance, you may want to consider long-term care insurance. The younger you are, the less it costs per month. Of course, you may pay for a longer period of time. Plan your retirement activities such as hobbies, social interactions, club memberships, or work as a volunteer.
Some retirees choose to work part-time.
Track your expenses for at least 2 years in order to set up a working budget for retirement. Pay off your credit cards. Keep one major card for emergencies and pay the full amount each month if at all possible. Remember, the great thing about retirement is that you can do what you want when you want or do nothing at all.