For many seniors, growing older often means dealing with new medical challenges, and the cost of managing health-related issues can be astronomical. A new report from HVS Financial found that the average couple retiring at age 65 with Medicare Parts B and D and a supplemental insurance policy can still expect to pay nearly $394,954 in healthcare costs (including copays, dental, vision and out-of-pocket expenses) over their retired lifetime. For a couple age 55 who plans to retire in 10 years, the total increases to $463,849.
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