HEALTH CARE COSTS IN RETIREMENT CONTINUE TO RISE – AND YOU CAN SAVE FOR IT (YOU JUST NEEDED TO HAVE

Publisher: Madison Pension Services, Inc.

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HEALTH CARE COSTS IN RETIREMENT CONTINUE TO RISE – AND YOU CAN SAVE FOR IT (YOU JUST NEEDED TO HAVE

Last month I talked about the importance of factoring inflation into your retirement planning expenses, without specifically targeting any one area. This month’s article focuses on one specific post-retirement expense: inflation’s impact on health care costs. Fidelity has something called the Fidelity Retiree Health Care Cost Estimate and they use it to project out what health care might cost in the future.