The numbers are staggering, and frankly, they should wake up every American planning for retirement. Fidelity Investments just released their 2025 Retiree Health Care Cost Estimate, revealing that a 65-year-old retiring today will need an average of $172,500 to cover healthcare expenses throughout their retirement. That's a 4% jump from last year's already eye-opening $165,000 estimate.
Planning for healthcare costs in retirement is essential for financial security. This guide breaks down key strategies for early retirement coverage, Medicare planning, and long-term care, helping you make informed decisions to manage expenses and support your retirement goals with confidence.
Retiring before 65 but need health insurance? This comprehensive guide examines your options like the ACA marketplace, COBRA, spouse's employer plan, and Medicaid. Get tips to secure affordable medical coverage until Medicare eligibility if you retire early.
Unlock the hidden potential of your Health Savings Account (HSA)! Learn the basics and discover the triple-tax advantages that can potentially grow your long-term savings. Your HSA isn't just for healthcare—it can be a powerful tool for financial growth and security.
Retirement planning is essential for financial security in post-employment years. While familiar with 401(k)s and IRAs, few realize the power of Health Savings Accounts (HSAs). This blog post explores HSAs' unique benefits and tax advantages.
Healthcare can often be the most significant expense for retirees. Today, many who retire before 65 must pay for insurance out of pocket at much higher premiums. Keep reading to learn how to plan for your healthcare costs in retirement.