An elderly man with a cane waits for a break in the traffic. (Photo by Garry Knight)

Retired Couples May Need $240,000 For Health Care

Couples retiring this year can expect their medical bills throughout retirement to cost 4 percent more than those who retired a year ago, according to an annual projection released Wednesday by Fidelity Investments. The estimated $240,000 that a newly retired couple will need to cover health care expenses reflects the typical pattern of projected annual […]