According to a HealthView Services study using 70 million actual cases, a healthy married couple, age 65, can expect healthcare premiums to add up to $321,994 over their lifetime. If you include dental, vision, co-pays, and out-of-pocket costs, the total rises to $404,253.²
For a healthy 55-year-old couple who plans to retire in a decade, the number jumps to $498,962. ³
Should you expect to pay this amount? Possibly. Seeing the results of one study may help you make some critical decisions when creating a strategy for retirement. Without a solid approach, healthcare expenses may add up quickly and alter your retirement spending.