November 18, 2009, Featured Articles
Out-of-Pocket Medical Costs in Retirement: Part II
At the rate we're going, the cost of health care will eventually dwarf retirees’ ability to pay for it.
Two weeks ago, RIJ reported that the Financial Research Corporation had described as a “myth” a 2006 estimate by the Employee Benefit Research Institute that the average 65-year-old couple would need about $300,000 in savings just for out-of-pocket medical care in retirement.
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