The average lifetime retirement health care premium costs for a 65-year-old healthy couple retiring this year and
covered by Medicare Parts B, D, and a supplemental insurance policy will be $266,589. (It is assumed in this report
that Medicare subscribers paid Medicare taxes while employed, and therefore will not be responsible for Medicare Part A
premiums.) If we were to include the couple’s total health care (dental, vision, co-pays, and all out-of-pockets),
their costs would rise to $394,954. For a 55-year-old couple retiring in 10 years, total lifetime health care costs
would be $463,849.