“Couples in retirement face average health care costs of $280,000, Fidelity estimates,” by Adam Shell, USA Today
“Fidelity estimates it will cost a couple $280,000 to cover their health care costs in retirement, up 2% from last year and 75% since its 2002 estimate of $160,000. The math assumes a couple retires at 65 and is eligible for Medicare. The cost for care for males in retirement is an estimated $133,000, while the tab for women, who tend to live longer than men, is $147,000.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Annual update excludes long-term care costs.