Sources including Bloomberg and Fidelity estimate that retirement healthcare costs could cost a couple up to $280,000.
Sure, you'll have Medicare, but it doesn't cover all types of medical expenses and it provides no maximum out of pocket cost cap. Should you experience a lengthy stay in the hospital, you might incur tens of thousands in co-pays. Medicare Advantage (Part C) and Medicare Supplement (Medigap) can help mitigate these costs, but the choices can be confusing.
Do the research yourself or consult with an expert. I am happy to counsel at no charge those who would like a professional's opinion on a plan which suits your individual needs. Please visit my website (www.healthbenefitscounseling.com) and reach out for a free consultation.