Speakers at PLANSPONSOR's 2018 HSA Conference discussed educating participants about investing health savings account (HSA) assets and planning for retirement health care costs.
Tag: post retirement health care costs
HealthView Services' Retirement Healthcare Cost Index shows a healthy 66-year-old couple retiring today will need 48% of their lifetime Social Security benefits to address total lifetime health care expenses; a 55-year-old healthy couple will need 57% of their benefits to cover health care costs, and a 45-year-old couple 63%.
A study found the cost of health care was another top reason retirees filed for bankruptcy.
RBC Wealth Management has issued a guide to help with including health care costs in retirement planning.