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Retirement Healthcare Costs Skyrocket | Durham News
Retirement healthcare costs are skyrocketing — new Fidelity data shows a 65-year-old retiring in 2026 could face $185,500 in out-of-pocket expenses over their lifetime, doubling to over $370,000 for couples — the highest projection in 25 years. Healthcare inflation is outpacing Social Security raises, with Medicare premiums rising nearly 10% while COLAs only offer 2.8%. Most retirees underestimate what Medicare actually covers, missing the reality of premiums, deductibles, and prescriptions. Health Savings Accounts offer tax-free medical spending and extra contributions after 55, but many…
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