The Real Costs of Retiree Health Care

For clients who are near or in retirement, health care costs are a common concern. That’s not surprising given the numbers they see in headlines implying every retiree needs a prohibitively large lump sum just for their health care expenses. Fortunately, T. Rowe Price’s proprietary research shows that the reality of paying for health care in retirement is much less daunting than what they might expect. This session brings the challenge down to size—focusing on the more appropriate annual costs of health care rather than a contrived lump sum. We follow the typical retiree’s health care journey, showing you the actual dollars they spend, on what, and when. Lastly, we’ll guide you on how to take action with this information and incorporate it into decisions about  retirement spending and investing. Only 1 out of 5 retirees with an advisor receives advice on health care planning. This session will help you stand out by equipping you to address this frequently misunderstood topic.