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Health Care Concerns Continue to Aggravate Retirement Plans for Many
In a recent Edward Jones survey (“The Four Pillars of the New Retirement“), more than half of respondents planning to retire within the coming decade cited health care and long-term care as major concerns. And their worries are well-founded, since a 65-year-old couple can expect to need just a shade under $300,000 for health care expenses during their retirement years, says Fidelity. that estimate is based on an average life expectancy, so exceeding the actuarial tables would only make the problem worse. This overall issue is the subject of a post by the Motley Fool’s Kailey Hagen on wacotrib.com, which you can access here…
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