KPM Did you know? header link to blog.

19 Jan Source:

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.