Even for the healthiest Americans, the cost of health care in retirement can be astronomical. Don’t even get me started on the untenable cost of treating diseases like cancer or Alzheimer’s. A proper retirement income plan will include how you expect to pay for healthcare costs once you retire.
What Will A Couple Spend On Healthcare Expenses In Retirement?
The average American couple will need around $413,000 to cover their healthcare expenses post retirement. That amount is 8% over the Employee Benefit Research Institute’s (EBRI) estimate for 2023.
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