HealthView Services estimates total lifetime retirement health care expenses for an average healthy 65-year-old couple, who live to their actuarial longevity, retiring this year are projected to be $363,946 in today's dollars.
Tag: post retirement health care costs
Sue Walton, senior retirement strategist, Capital Group Retirement Strategy Group, discusses how and why health savings accounts (HSAs) should be promoted as a way to save for retirement expenses.
A survey found only 56% of respondents have factored health care into their retirement planning.
Only 36% have budgeted to make monthly contributions to their health care savings, and 32% have savings goals to cover long-term health care costs.