Medicare & Healthcare Cost Estimator for Retirees
Personal & Retirement Information
Age up to which costs will be projected.
Healthcare Choices & Assumptions
Standard 2024 premium. Adjust if known or for IRMAA.
Average for prescription drug coverage.
Often not covered by basic Medicare/Medigap.
Co-pays, deductibles. Varies by plan & health status. This is an estimate beyond premiums.
Enter if you have LTC insurance or are self-funding. This is a major variable.
Healthcare costs often rise faster than general inflation.
Illustrative Medigap Plan G monthly premium (if selected) is set at $200. Adjust "Custom" if needed. Out-of-pocket costs are highly dependent on health status and specific plan choices.
Estimated Healthcare Costs in Retirement
Click "Estimate Costs" to view projections. Ensure all inputs are set.