Wednesday, March 28, 2007
Fidelity Investments Estimates $215,000 Needed to Cover Retiree Health Care Costs
A 65-year-old couple retiring in 2007 will need approximately $215,000(1) to cover medical costs in retirement(2), according to Fidelity Investments' latest health care cost estimate, released today. This figure is a 7.5 percent increase over the 2006 estimate of $200,000.
The retiree health care cost estimate is calculated annually by Fidelity Investments. Since the estimate first was computed in 2002, the number has risen a total of 34 percent, with an average annual increase of 6.1 percent.
Fidelity Investments Estimates $215,000 Needed to Cover Retiree Health Care Costs
Source: Insurance News Net
The retiree health care cost estimate is calculated annually by Fidelity Investments. Since the estimate first was computed in 2002, the number has risen a total of 34 percent, with an average annual increase of 6.1 percent.
Fidelity Investments Estimates $215,000 Needed to Cover Retiree Health Care Costs
Source: Insurance News Net
Permalink posted by armandn @ 4:58 AM 
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