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A 65-year-old retiring in 2026 can expect to spend an average of $185,500 on health care and medical expenses throughout retirement, we learn in Fidelity Investment’s 25th Annual Retiree Health Care Cost Estimate report published in July. I’ve reviewed this study annually since 2011, creating this graph starting that year and adding to it with each annual report’s updated data. Nearly all years, we see the retirees’ healthcare costs increase, with a… Read More
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