1 TIAA Lifetime Income Survey 2017
2 EBRI Notes, Dec. 20, 2017 • Vol. 38, No. 10 . National average. Savings needed for Medigap Plan F premiums, Medicare Part B premiums and out-of-pocket (median) drug expenses. Does not include Long Term Care. For a couple with a goal of having a 90 percent chance of having enough savings to cover health care expenses in retirement they need $273,000.
3 Preparing for Health Care Costs in Retirement: An America's Health Rankings Issue Brief, 2017.
4 Based on the results of a hypothetical illustration where $2,000/year was contributed into both a Retiree Health Care Account (RHCA) and a 403(b) plan for 30 years. The assets in both accounts grew at a 6% interest rate each year, and this resulted in an after-tax total accumulation amount of $162,419 from the RHCA compared to $108,821 from a tax-advantaged retirement savings plan. This assumes a 33% tax rate. Individual rates will vary.

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