deductibles

AARP Debuts New Health Care Costs Calculator

Posted on 11/18/2013 by |Money and Work | Comments

Bulletin Today | Money & SavingsIt could be a costly mistake if you aren’t considering health care costs in your retirement plan, financial advisers tell us. According to the latest estimate by Boston-based Fidelity Investments, premiums, deductibles and other out-of-pocket expenses could cost a 65-year-old couple retiring today a hair-raising $220,000 — and that’s after Medicare coverage kicks in. Yet we seem to be a little short-sighted. In a recent Fidelity poll of more than 1,800 people, nearly half of adults ages 55 to 64 believe …