Plan on Retiring? Make Sure You have $400,000 Tucked Away Solely for Healthcare

According to the 2015 Retirement Health Care Cost Data Report:

• A healthy couple retiring at 65 this year will likely spend more than $266,000 on Medicare Part B, which covers doctors' visits and outpatient services, and Part D prescription drug plans as well as supplemental Medigap insurance over their lifetime. 

• That is up 6.5% from last year's projection. 

• When expected dental, vision, hearing costs not covered by Medicare, as well as co-pays and other out-of-pocket medical costs are included, lifetime cost estimates increase to nearly $395,000 for a 65-year-old couple retiring this year.

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