3/27/2014 – Think Your Retirement Health Care Costs Will Be Under Six Figures? Think Again

According to a new study by Fidelity Investments, more than 80% of Americans polled are worried about whether they will be able to cover health care costs in retirement.  That concern may be well-founded: Fidelity projects that the average couple retiring today will need about $220,000 to pay for out-of-pocket health care costs in retirement—and that’s not counting long term care or dental. But about half of the people Fidelity surveyed grossly underestimated this figure, at $50,000 per person.

Read the full article at Forbes.