


Retirement planning: How much money will you need to cover your healthcare expenses?

How much money will you need to cover your healthcare expenses?
The Inflation Reduction Act’s higher standards for retiree prescription drug plans may require plan sponsors to enrich benefits in 2025 for creditable coverage.

We review the average projected cost for a 65-year-old under the two most common pathways for Medicare-eligible retirees and explore how these costs may vary.