The Money Knight

Retirement Health Care Costs Just Jumped Again (2025 Update)


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šŸ“žāœØ Get in touch with Chessman Wealth: https://www.chessmanwealth.com/Ā 

Health care costs in retirement are climbing faster than ever, and the newest Fidelity estimate proves it. The average 65-year-old couple retiring today will need $172,500 to cover health care expenses, up dramatically from just a few years ago. In this episode, Wade breaks down what’s driving these rising costs, the biggest misconceptions about Medicare coverage, and how to plan ahead so these expenses don’t derail your retirement.

Here’s some of what we discuss in this episode:

šŸ’° Rising Costs: Fidelity’s 2025 estimate shows retiree healthcare expenses climbing sharply

🧭 Plan Ahead: why healthcare planning is essential to a successful retirement strategy

šŸ„ Medicare Breakdown: understanding what’s covered, what’s not, and what it really costs

šŸ’³ HSA Benefits: how Health Savings Accounts create powerful long-term tax advantages

šŸ“ˆ Smart Strategies: practical ways to manage and reduce future healthcare costs

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Fidelity InvestmentsĀ® Releases 2025 Retiree Health Care Cost Estimate:

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-f44b06c6d52eĀ 

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Get in touch with Chessman Wealth: https://www.chessmanwealth.com/Ā 

The opinions voiced in The Money Knight podcast with Wade Chessman of Chessman Wealth Strategies are for general information only and are not intended to provide specific advice or recommendations for any individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing.

Investment advisory services offered through CWM, LLC, an Investment Advisor. Carson Partners, a division of CWM, LLC, is a nationwide partnership of advisors.

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The Money KnightBy Wade Chessman