CNBC May 16, 2022
Key Points
– A 65-year-old couple retiring in 2022 will spend an average $315,000 in health-care and medical expenses in their retirement, according to Fidelity Investments. That’s 5% higher than last year.
– Fidelity also has found that most Americans have underestimated what health-care costs will be in retirement.
– Here are some ways to start saving now for higher health expenses later.
A 65-year-old couple retiring this year can expect to spend an average of $315,000 in health-care and medical expenses in their retirement, according to a new estimate by Fidelity Investments. That’s 5% higher than last year’s estimate.
While much of the increase this year came from higher Medicare Part B premiums for Americans 65 and older, health-care...
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