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Financial Planning Aug 2021 - "HSA: Save it for Retirement"

Financial Planning Aug 2021 - "HSA: Save it for Retirement"

HSA: Save it for Retirement

Excerpt

According to Fidelity Investments, the average 65-year-old couple retiring today will need about $300,000 for out-of-pocket healthcare expenses during retirement. And that doesn’t even include long-term care. One way to help pay for this enormous cost is to open a health savings account (HSA), which is a savings and investment vehicle designed to help people pay for medical-related expenses on a tax-free basis.....................

 

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