Saving for retirement might be easier if you know how much money you’ll actually need.
It’s a tough number to nail down, but a new report estimates how much you’ll spend on what’s likely to be your biggest expense: health care.
A couple retiring this year will need $260,000 to cover health care costs in retirement, according to Fidelity.
It’s a ballpark number, but it’s helpful to keep it in mind as you plan out your retirement.
