KPM

Source: fidelity.com

A couple, both aged 65 and retiring in 2015, could expect to spend an estimated $245,000 on health care throughout retirement, up from $220,000 in 2014 and $190,000 in 2005. Those numbers assume enrollment in Medicare but exclude any long-term care expenses. Reasons for the upward trend include longer life expectancies as well as anticipated increases for medical bills and prescription drug costs.

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