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Health Costs in Retirement: 2019 Estimates (PDF)
Milliman
July 1, 2019
"A healthy 65-year-old couple retiring in 2019 is projected to spend $369,000 in today's dollars ... on healthcare over their lifetime, and expenses at age 85 are estimated to be 250% higher than at age 65.... A healthy 67-year-old retired couple is projected to spend 39% of their pre-tax Social Security benefit on healthcare in 2019.... A healthy 45-year-old couple who retires at age 65 is projected to pay $532,000 in 2019 dollars, and $1.4 million over their retirement years, for retiree healthcare.... The estimated 2019 annual premium plus out-of-pocket cost for a healthy 65-year-old is $5,000."
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