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Fidelity estimates that a 65-year-old retiring this year can expect to spend an average of $172,500 out-of-pocket on ...
The largest share of medical expenses during retirement includes co-payments, coinsurance and deductibles for doctor and hospital visits. Close behind are Medicare Part B and Part D premiums.
KEY TAKEAWAYS The average 65-year-old American can expect to spend about $172,500 on health care and medical expenses throughout their retirement.Although health care costs are growing, many Americans ...