Healthcare Costs During Retirement
Americans face plenty of uncertainty regarding their own physical health and their ability to cover all out-of-pocket medical expenses in retirement. A recent article from the Retirement Income Journal discusses several estimates of what the typical retiree's out-of-pocket costs may be. If you limit costs to what a 65-year-old retired couple might pay for Medicare copays and deductibles and premiums for supplemental private insurance, the best estimates are between $200,000 and $300,000. Click here to read this article.