This is a news story, published by Yahoo Finance, that relates primarily to EBRI news.
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good retirement planSmartAsset
•81% Informative
A study released by the EBRI ( the Employee Benefit Research Institute ) found that despite the coverage offered by Medicare , retirees should expect to pay significant out of pocket costs for their healthcare during retirement.
The median household at retirement age ( 65 years or older) has $ 87,725 in total savings.
Most households cover this through a combination of supplemental insurance, Medicaid and (while uncommon) employer health insurance plans.
A new study by the Employee Benefit Research Institute has some hard numbers about what it will cost to pay for your health care in retirement.
The EBRI expects that these costs will only continue to rise.
Medical expenses are, to a large degree, non-negotiable spending in retirement. A financial advisor will help you plan for your own retirement needs.
VR Score
78
Informative language
74
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61
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