GenZ News

Article View

Here’s how much today’s 65-year-olds will spend on healthcare in retirement

136d ago
Business
MarketWatch
Business strategy
A new study highlights the escalating costs of healthcare for retirees. Today's 65-year-olds can expect to spend a significant portion of their retirement savings on medical expenses. Experts warn that these costs are continuing to rise, potentially creating financial strain for many seniors. Factors contributing to this trend include increased longevity, rising prescription drug prices, and the growing complexity of medical treatments. Planning for these expenses is crucial for a secure retirement.
Source