Retirement? Set Aside $245,000!

Doctors nearing retirement take note, health care costs are rising. In recently available research, the Retirement Health Care Cost Estimate by Fidelity Investment, as discussed by PlanAdviser, a healthy couple planning to retire this year at 65 should anticipate spending $245,000 over the course of their retirement. Why the increase? Longer life expectancies and increases for care and prescriptions.

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