Here's How Much Retiring in 2026 Could Cost You in Health Care Expenses

Here's how much retiring in 2026 could cost you in health care expenses

A new Fidelity Investments analysis finds that health care costs for Americans retiring in 2026 are expected to rise 7.5% from last year.

Fidelity estimates retirees will spend $185,500 on healthcare and medical expenses in retirement

Fidelity Investments released its 25th annual estimate of retiree healthcare costs, which revealed a significant jump from a year ago as medical care and related expenses become more expensive.The report estimated that a 65-year-old who retires in 2026 can expect to spend an average of $185,500 on healthcare and medical expenses throughout their retirement. That amount is an increase of 7.5% from last year amid rising healthcare prices, growth i…

Retiree Health Costs Spike 7.5% in Latest Estimate From Fidelity

Retiring soon? Plan now for rising healthcare costs

Planning for retirement means thinking beyond your monthly income. One expense that’s easy to underestimate is healthcare.A 65-year-old retiring in 2026 can expect to spend an average of $185,500 on healthcare during retirement—a 7.5% increase from last year’s estimate, according to a CNBC report on Fidelity Investments’ 25th annual Retiree Healthcare Cost Estimate. That total includes Medicare premiums and out-of-pocket costs for medical care a…