Tag: $157500 for medical care
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A senior 65 years old may have to pay $157,500 for medical care
The 22nd annual Retiree Health Care Cost Estimate from Fidelity Investments estimates that a 65-year-old resigning this year will have to pay out a typical $157,500 in healthcare and medical costs. According to Hope Manion, senior vice president and chief actuary at Fidelity Workplace Consulting, medical care expenses in retirement might be among the highest. Manion tells…