Rising Healthcare Costs: Will Health Care Break Your Retirement Budget?

16/10/2025 16 min
Rising Healthcare Costs: Will Health Care Break Your Retirement Budget?

Listen "Rising Healthcare Costs: Will Health Care Break Your Retirement Budget?"

Episode Synopsis

Fidelity’s latest report shows a 65-year-old retiring in 2025 may need $172,500 for healthcare expenses in retirement, and that doesn’t even include long-term care. In this episode, Liz breaks down what’s behind those rising numbers, what’s not covered by Medicare, and what proactive steps you can take now to prepare. You’ll also hear how to make healthcare costs a planned part of your retirement strategy instead of a financial shock. Tune in to learn how smart planning today can keep future healthcare costs from derailing your best path to retirement.Here’s some of what we discuss in today’s show:$172,500 Price Tag: Fidelity’s new retiree healthcare estimateMedicare Isn’t Free: Understanding Parts A, B, D, and MedigapHSA Advantages: Triple-tax-free retirement savings potentialAvoid Misconceptions: Medicare covers needs, not quality upgradesIncome & IRMAA: Managing income to control premiums Resources for this episode:Fidelity Investments® Releases 2025 Retiree Health Care Cost Estimate:https://newsroom.fidelity.com/pressreleases/fidelity-investments--releases-2025-retiree-health-care-cost-estimate--a-timely-reminder-for-all-gen/s/3c62e988-12e2-4dc8-afb4-f44b06c6d52eSubscribe to Liz's YouTube Channel: Best Path Advisors - YouTube