US. Health care will cost couples $275,000 in retirement
A couple retiring this year will need an estimated $275,000 to cover health care costs in retirement, according to Fidelity. That’s a 6% increase over last year.
Of course, it’s a ballpark number. The true cost depends on a variety of factors like your health and how long you’ll live. Plus, there’s ongoing uncertainty about what the health care landscape will look like in the future.
“No matter how you slice it, the number is brutal,” said Adam Stavisky, senior vice president at Fidelity Benefits Consulting.
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