April 19, 2011
BRAD KIMLER, FIDELITY INVESTMENTS
ANNOUNCER:
NEW DATA FROM FIDELITY INVESTMENTS® ESTIMATES THAT A 65-YEAR-OLD COUPLE RETIRING THIS YEAR WILL NEED 230-THOUSAND DOLLARS TO PAY FOR MEDICAL EXPENSES THROUGHOUT RETIREMENT. AND THAT DOES NOT INCLUDE THE COST OF NURSING HOME CARE. HEALTH CARE WILL LIKELY BE ONE OF THE LARGEST EXPENSES AMERICANS WILL FACE IN RETIREMENT. AND 68- PERCENT OF PRE-RETIREES SAY THESE COSTS ARE ONE OF THEIR TOP THREE FINANCIAL WORRIES. BRAD KIMLER OF FIDELITY INVESTMENTS:
BRAD KIMLER:
“Most people don’t realize until it’s almost too late that they don’t have access to retiree medical benefits. What we’re advocating is that people do a retirement income plan and include in that income plan an allowance for health care costs in retirement because that number is only going to grow over the coming years.”
ANNOUNCER:
CALL 1-800-FIDELITY TO SPEAK WITH A REPRESENTATIVE WHO CAN HELP YOU INCORPORATE THESE COSTS INTO YOUR PLAN. INVESTING INVOLVES RISK, INCLUDING RISK OF LOSS. FIDELITY BROKERAGE SERVICES, LLC, MEMBER NYSE, SIPC.
