The Takeaway: Couples Need $240,000 For Health Care In Retirement
Posted on 05/9/2012 by Elizabeth Brown | Brooklyn, NY | Comments
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.
