Estimating Retirement Medical Expenses

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Nice article. Unfortunately, retiree healthcare planning so far has been just a BIG range of numbers. We know every individual is different. A lot depends on a person's current health, past health, family health history, overall lifestyle, and preferences for care. Recently, Omyen Corp, a Massachusetts based technology company launched a retiree healthcare planner application to provide individual specific healthcare cost estimates during retirement.

John Murphy of MA 10:11PM October 20, 2011

My husband is diabetic and I know that "one day" we are going to have medical expenses related to his condition. How do we prepare for that so that we don't end up destitute in our old age? Would it be appropriate to have a ROTH designated only for the purpose of future medical expesed (if we are 40 now... will we have enough time to fund it?) Is there any other way to prepare???

Lola Z of OR 4:32PM February 05, 2011

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Planning to Retire

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