
Retirees in 2026 Face Average $185,500 in Health Costs, Fidelity Estimates
Fidelity Investments estimates that a 65-year-old retiring in 2026 will spend an average of $185,500 on health and medical expenses, a 7.5% increase from last year. This figure excludes long-term care, and many pre-retirees mistakenly believe Medicare covers all costs, highlighting a critical need for financial planning.














