…needed $160,000 in savings to fund medical costs in retirement, and that total has risen an average of 5.8 percent a year. The study blamed the rising health care costs this year on higher unit costs, for example the cost of a doctor’s visit; higher utilization rates for health care services; rising costs associated with new technologies; and increased incidence of some chronic conditions, like diabetes. ___ On the Net: Fidelity Investments:

Read more here…