Investing in HSAs for long-term retirement goals
Abstract: Retirement plans are about saving for the cost of living in ― retirement. And typically one significant expense for retirees is medical bills. Actuaries at Fidelity Investments estimate that a typical 65-year-old couple retiring in 2018 will incur $280,000 in combined out-of-pocket health expenses during their retirement, excluding the cost of long-term care. This brief article discusses Health Savings Accounts, when employers can offer them to participants and why participants may be interested in them.