Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Bates & Company, Inc.
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Compass
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Loan & Distribution Specialist AimPoint Pension
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Planning for Unexpected Health Care Costs in Retirement (PDF)
T. Rowe Price Oct. 21, 2019 11 pages. "[1] Even though the fear of a health care shock is pervasive, very few retirees experience a catastrophic one. [2] The likelihood of experiencing health care shocks increases with age, particularly after age 80. [3] Very few retirees saw a permanent increase in health care costs after having a large health care expense. [4] Because health care expenses tend to increase with age, [the authors] offer guidelines for how much a retiree might need for annual out-of-pocket expenses at different ages." |
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