Cost of Health Care in Retirement Calculator | Cost of Health Care in Retirement Calculator
This calculator will estimate the cost of health care for your first year of retirement and
the present value of all your future health-care costs as of the start of retirement.
The average out-of-pocket health-care costs used in this calculator are based on 2023 data
from the U.S. Bureau of Labor Statistics Consumer Expenditure Survey. Health-care costs
include payments for health insurance, medical services, drugs, and medical supplies.
The average out-of pocket cost includes essentially all out-of pocket costs, including premiums,
deductibles, co-pays, and costs not covered by Medicare or other insurance. Data from 2023 has
been adjusted to 2025 based on 3.7% inflation. Costs are adjusted for inflation in later years
based on your input for the cost of health-care inflation factor.
Annual health-care costs are assumed to occur ratably at the end of each month in a year.
This calculator does not take into account the effect of federal or state taxes, or any
investment fees or expenses.
This is a hypothetical example, intended for illustration purposes only; it does not reflect
the performance of any specific investment or portfolio.
|  |
| |
|
|
|
Any information provided has been prepared from sources believed to be reliable but is not guaranteed, does not represent all available data necessary for making investment decisions and is for informational purposes only.
This communication is strictly intended for individuals residing in the state(s) of AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT and VT. No offers may be made or accepted from any resident outside the specific states referenced. |
Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2025. |
|