A 65-year-old retiring in 2026 may need nearly $186,000 to cover health and medical expenses throughout retirement, according to a new estimate from Fidelity Investments. The figure represents a 7.5% increase from the previous year.
Some sources round the figure to nearly $186,000, while Fidelity's official estimate is $185,500. The discrepancy comes from rounding and does not change the overall trend.