3/26/2015 – Grim News on Health Costs in Retirement

Mar 26, 2015 Comments Off by

If you need a reminder that Medicare covers only a portion of retiree medical expenses, check out this report.

Released Wednesday by HealthView Services, a Danvers, Mass., company that provides retirement health-care cost data and tools to financial advisers, it finds that a 66-year-old couple retiring this year with average Social Security benefits can expect medical costs to consume 67% of the Social Security they will receive in retirement.

Read the full article at Wall Street Journal.

Financial Security 2015, Longevity News 2015

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