Retirees often face unexpected medical expenses that can significantly impact their finances, as many underestimate the costs associated with healthcare in retirement. A recent analysis highlights critical issues, including gaps in Medicare coverage that can lead to substantial debt for seniors. Financial experts recommend five smart strategies for managing these healthcare expenses, ranging from Health Savings Accounts (HSAs) to Medigap policies. With many retirees unprepared for healthcare costs beyond what Medicare covers, it is crucial to address potential financial pitfalls early on to protect their retirement savings.