FYI: How much will you need to spend on healthcare in retirement? The projections we often hear about are daunting--and they make for attention-grabbing headlines.
Fidelity Investments, for example, estimates that a 65-year-old couple retiring in 2019 can expect to spend $285,000 on healthcare and medical expenses throughout retirement. The Employee Benefit Research Institute found that a 65-year-old couple might need nearly $400,000 to meet lifetime expenses in a worst-case scenario.
Regards,
Ted
https://www.morningstar.com/articles/935728/retirement-healthcare-costs-lets-get-real
