Money & Savings | News RoundupsOof. The latest estimate of an average American couple’s retirement health care costs is $240,000. The calculation, from Fidelity Investments, is based on a 65-year-old couple with Medicare coverage, and factors in things like premiums, co-pays, deductibles and out-of-pocket prescription drug costs. It doesn’t factor in things like long-term care, dental services, over-the-counter meds or hearing aids.
News RoundupsWhen it comes to saving enough for retirement, it’s important to keep the big picture in mind, right? Wrong, say researchers from Boston College’s Center for Retirement Research; the href=”http://www.chicagotribune.com/business/yourmoney/sc-cons-0426-started-20120427,0,1799363.story”>best strategy is to think in small, concrete steps.
News RoundupsA surprising 62 percent of married couples disagree on the timing of their respective retirements.
News RoundupsMore retirees are buying up land in the country, drawn by peace, quiet and potential financial rewards. Could a rural retirement be right for you?
News RoundupsThere are clear differences between men and women when it comes to retirement planning. By integrating the best of both genders’ strategies, you can increase your prospects for a secure retirement.