Fidelity Investments Now Says You Can Expect to Spend Around $185,000 on Healthcare Expenses in Retirement. Here's How I'm Planning for It.
Fidelity estimates retirees will spend about $185,000 on healthcare expenses. Having a plan in place may help ease the sticker shock.
Overview
Fidelity Investments routinely crunches the numbers to learn how much money a new retiree can expect to spend on healthcare costs in retirement. The latest finding comes in at a whopping $185,000.
As large as that number is, part of figuring out how much we need to retire involves making a list of our expected expenses, which makes it impossible to avoid healthcare. After years of avoidance, I finally stumbled on a plan that could make paying for healthcare in retirement a little easier.
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Originally published at www.fool.com.
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