Would an MPF medical account work?
One proposal: bolt a medical savings account onto MPF for healthcare costs; appealing — medical bills are a top retirement expense — but the devil is in the details: contribution rates, account splits, investment rules all need answers. Good concept, hard landing.
How do you budget for medical costs without one?
DIY: keep a steady slice in your MPF mix, never all-in on equities. Compare conservative and bond funds and reserve something for future medical bills.
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