Fidelity just released their 2025 Retiree Health Care Cost Estimate. The number is staggering: $172,500 for a 65-year-old retiring today. The bigger problem? One in five Americans hasn’t even thought about health care costs in retirement. Today, John breaks down exactly what this means, why it matters, and how to prepare. With the right planning, you can make health care just another line item in your retirement budget, not a financial shock.
Here’s some of what we discuss in this episode:
📈 Fidelity’s 2025 Report Takeaways: retiree health care costs climb again
⚠️ Gen X Wake-Up Call: many still unprepared for medical expenses
🏥 Medicare Misconceptions: understanding what’s covered and what’s not
💰 HSA Power Move: using Health Savings Accounts as a retirement tool
🧭 Smart Strategies: how to plan ahead and reduce health care costs
Go Inside the Episode:
0:00 – Intro
1:50 – Fidelity’s 2025 Retiree Healthcare Cost Estimate
3:39 – Common Blind Spots
8:53 – HSA Potential
11:56 – Medicare Misconceptions
14:52 – Strategies to Reduce Healthcare Costs
Resources:
Learn more about Medicare: https://boomerbenefits.com/
Book an appointment with us: http://bookachatwithjohn.net
Get in touch with us: https://mearsmoney.com/
Watch the Podcast on YouTube: https://bit.ly/3PmcOPM
Check out John’s FREE Books: https://je9gekmc.pages.infusionsoft.net/