When adding retirement health care costs to a plan, a national average will be used as a starting point. $6,397 will be the current average cost for a hypothetical individual retiring in 2025 at 65 years old, per Fidelity Investments 2024 retirement health care study. This value will be updated annually.
You will also have an option for a detailed estimate which will base Medicare premiums for parts A and B off the client’s AGI or a fully customized input.
