Health Care in Retirement - Money Magazine

Here's an excerpt from a Money magazine article about the cost of health care in retirement, and again, it is noted that the staggering numbers DO NOT include long-term care costs.

"​Total retirement health care expenses for that 45-year-old couple planning to retire at age 65 will come to $592,275 in today’s dollars and $1.6 million in future dollars ... "

"Notably, it does not include long-term care costs. Medicare does not pay for long-term stays in nursing homes, or for assisted living facilities."  [or home care!]

Click here for a link to the full article:
https://www.yahoo.com/finance/news/ll-pay-healthcare-retirement-160638391.html

For about $160 a month that same 45-year-old couple can buy a LTC insurance policy that covers up to $432,000 of long-term care costs at age 69.

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