The Underestimated Cost of Healthcare in Retirement

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  Here's your Money Briefing for Monday, June 16.

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  I'm Oyan Adedoyin for The Wall Street Journal.

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  Saving for retirement is hard enough.

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  Where you choose to live once you retire can add tens of thousands of dollars in health care costs,

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  and then you have to factor in the costs of doctor's visits and certain medications.

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  There have been some estimates that have said that the average couple,

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  instead of thinking they're going to spend $330,000,

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  that maybe they'll have to spend over $600,000.

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  That takes into account more of these unusual expenses that people may have to pay.

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  We'll talk with Wall Street Journal contributor Gail Marx-Jarvis about where these sneaky medical costs come from and how to prepare for them.

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  That's after the break.

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  Americans tend to enter retirement in relatively good health,

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  but as they age,

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  their health may start to deteriorate,

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  which could lead to recurring expenses that can squeeze even the most affluent retirees.

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  Wall Street Journal contributor,

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  Gail Marks Jarvis,

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  joins me to talk about it.

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  So, Gayle,

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  planning for retirement is kind of like trying to see into the future in some ways.

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