Increased Healthcare Costs in Retirement
February 19, 2026
Many plans for retirement spending tend to focus on where you will go, what you will do, and who you will spend time with.
But without your health, you have nothing.
The price of healthcare for retirees continues to rise and shows no signs of slowing. A 65-year-old retiring in 2025 could’ve expected to spend an average of $172,500 in healthcare and other medical expenses during retirement—a big number exacerbated by the fact that 1-in-5 Americans say they haven’t considered future health costs when planning for retirement expenses.1
Retirement also brings about changes to health-related expenses that may have been relatively constant during your working years. Depending on your unique situation related to Medicare or personal insurance, deductibles, co-pays, and out-of-pocket costs can all increase as you enter into retirement.2
There is no way to determine exactly how much more care you might need as time goes on, but planning ahead for the possibility of future care requirements can help build confidence against uncertainty while staying focused on the retirement-related expenses you WANT instead of those you might need.
Every retirement plan is different, especially when considering personal health. Contact us and schedule time to speak to an experienced professional. Gain a better understanding of what healthcare expenses you should be aware of and how you can include that possibility when planning for the best parts of your retirement.
- https://newsroom.fidelity.com/pressreleases/fidelity-investments–releases-2025-retiree-health-care-cost-estimate–a-timely-reminder-for-all-gen/s/3c62e988-12e2-4dc8-afb4-f44b06c6d52e – _edn1
- https://www.kiplinger.com/retirement/retirement-planning/guide-to-planning-for-retirement-health-care-expenses