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Health Care Costs for Couples in Retirement Rise to an Estimated $245,000
Fidelity Link to more items from this source
Oct. 7, 2015
"[A] couple, both aged 65 and retiring this year, can now expect to spend an estimated $245,000 on health care throughout retirement, up from $220,000 last year. The figure has increased 29 percent since 2005 when it was $190,000. Factors boosting this year's estimate include longer life expectancies and anticipated annual increases for medical and prescription expenses. The estimate assumes enrollment in Medicare health coverage but does not include the added expenses of nursing home or long-term care."

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