Couples in retirement face Rate health care costs of $280,000, Fidelity estimates
If you're a 65-year-old couple retiring this year you'll necessity even further than which to cover health care & medicinal expenses throughout retirement, according to Fidelity Investments' annual cost estimate. Fidelity estimates it going to cost a couple $280,000 to cover their health care costs in retirement, up two% from final year & 75% ever ever its 2002 estimate of $160,000. "Covering health care costs remembers one of the generality significant, yet unpredictable, aspects of retirement planning," said Shams Talib, executive vice president & head of Fidelity advantages Consulting. Fidelity soon polled one,000 people among 50 & 64 who have retired in the past 3 years & found which When nearly all had some form of health insurance, 36% were paying $500 a 30 days or further in health care premiums. further: Baby Boomers fall short on contingency savings, put retirement at riskMore: Investing tip: ought I invest in gold & silver?As it stated in
collected by :Lucy William
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