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URL:  http://boards.fool.com/fidelity-predicting-lower-health-care-costs-30702933.aspx

Subject:  Fidelity predicting lower health care costs Date:  5/26/2013  2:20 PM
Author:  intercst Number:  72283 of 76384

GENERIC DRUGS AND OBAMACARE CREDITED WITH THE DECLINE

http://www.reuters.com/article/2013/05/15/us-retirement-heal...

A 65-year-old couple retiring this year will need $220,000 to pay for healthcare for the rest of their lives, an amount that is eight percent less than a year ago, according to a Fidelity Investments report issued Wednesday. Fidelity has been forecasting the cost of healthcare in retirement since 2002, and has forecast lower lifetime costs only once before - an eight percent drop in 2011.

Experts are hesitant to call a long-term downward trend, but lower healthcare inflation is a boon to retirees, since healthcare costs are one of the largest single expenses they face in retirement.

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intercst
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