The Number That Will Shock You: Planning for Retirement Health Costs

Here’s a number that stops most men cold: according to Fidelity, a 65-year-old retiring today will need approximately 65,000 just to cover healthcare costs throughout retirement — and that figure has more than doubled since 2002. For men over 50 who are still in the planning phase, healthcare expenses are almost certainly the most underestimated line item in their retirement budget. In this episode, we walk through what Fidelity’s research actually tells us about retirement health costs, why those costs keep rising, what specific expenses they cover, and what you can do right now to start planning for them before they become a crisis.