By Fidelity Investments – April 19, 2018

Couple looking upset at calculator and paperworkA 65-year old couple retiring this year will need $280,000 to cover health care and medical expenses throughout retirement, according to Fidelity Investments’ 16th annual retiree health care cost estimate. This represents a 2% increase from 2017, and a 75% increase from Fidelity’s first estimate in 2002 of $160,000.

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