11/19/2013 – You Plan Your Retirement, Then You Get the Health Bill

Nov 19, 2013 Comments Off by

As the American population ages and insurers try to rein in costs, the share of health and medical costs that retirees can expect to shoulder is becoming more formidable.

A look at estimates of retiree health costs suggests that, if long-term care costs are included, it is not difficult to come up with a situation in which a couple’s tab for out-of-pocket costs post-retirement could approach — or even exceed — $1 million.

Read the full article at The New York Times.

financial security 2013, Longevity News 2013

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