Turning 65 in 2025? Plan to retire? Fidelity report shows average retiree needs $172,500 for health care costs, up 4% from last year and double the 2002 estimate. Factors include longer life expectancy and health care inflation. 17% haven’t prepared for these expenses, but starting early and using tax-advantaged accounts can help. Consider working longer for employer coverage and maxing out HSA contributions for extra savings.

Read more at Yahoo Finance: Planning to retire? You may be facing a $172,500 health care bill. Here’s what’s behind the sky-high expense