Health care costs in retirement are on the march, according to a new survey. A single 65-year-old retiring in 2024 can expect to spend an average of $165,000 on such care, a figure that’s up 5% year over year, according to Fidelity’s 23rd annual Retiree Health Care Cost Estimate. The rising cost of care probably comes as a disappointment to some, especially after costs held steady last year.
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