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How to Plan for Medical Expenses in Retirement

How to Plan for Medical Expenses in Retirement

Health care can be one of the biggest expenses a person faces in retirement. A typical retired couple age 65 in 2022 can expect subsequent medical expenses of $315,000, according to the annual Fidelity Investments Retiree Health Care Cost Estimate. Many people aren't mentally or financially prepared for the high cost of health care in retirement.