Current:Home > MyBenjamin Ashford|The Daily Money: How much do retirees need for healthcare expenses? More than you think -FinanceCore
Benjamin Ashford|The Daily Money: How much do retirees need for healthcare expenses? More than you think
SafeX Pro Exchange View
Date:2025-04-10 22:25:46
Good morning,Benjamin Ashford and Happy Presidents' Day! It's Daniel de Visé with your Daily Money.
Before we get started, here's a list of what's open and closed today, including the stock market − and a few discounts and deals out there for you.
As a retirement nest egg, $351,000 may sound like a nice (if arbitrary) figure. But you may need every penny just to cover health care costs, Medora Lee reports.
That sum, drawn from a recent report, represents how much a couple would need to have a 90% chance of covering all of their retirement healthcare expenses, including Medicare premiums and out-of-pocket costs. Read the story.
Uncomfortable conversations about death and money
How do you talk to your parents about death and finances without sounding greedy?
In the latest installment of Uncomfortable Conversations About Money, Betty Lin-Fisher guides us through how to have a conversation with your aging parents about end-of-life money issues.
Betty writes about Melisa Gotto, who wasn't prepared for the financial decisions that followed the death of her father. They hadn't really talked about money. Seven months after his death, she's still trying to get the title for his car. Read the story.
📰 More stories you shouldn't miss 📰
- Why some international travelers aren't coming here
- How early retirement affects Social Security
- How to retire with a million bucks
- What's the average salary in 2024?
About The Daily Money
Each weekday, The Daily Money delivers the best consumer news from USA TODAY. We break down financial news and provide the TLDR version: how decisions by the Federal Reserve, government and companies impact you.
Daniel de Visé covers personal finance for USA Today.
veryGood! (3)
Related
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- Taco Bell joins value meal trend with launch of $7 Luxe Cravings Box. Here's what's inside.
- Karen Read once ‘admired’ the Boston police boyfriend she’s accused of killing
- Rite Aid closing 27 more stores in 2 states: See the locations
- Small twin
- Denmark to target flatulent livestock with tax in bid to fight climate change
- Steve Van Zandt gets rock star treatment in new documentary
- Chances of being struck by lightning are low, but safety knowledge is still important
- This was the average Social Security benefit in 2004, and here's what it is now
- Survivor of Parkland school massacre wins ownership of shooter’s name in lawsuit settlement
Ranking
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Queer Eye's Jonathan Van Ness Breaks Silence on Abusive Workplace Allegations
- Inside Protagonist Black, a pop-up shop celebrating diverse books and cocktail pairings
- Willie Nelson pulls out of additional performance on Outlaw Music Festival Tour
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Caitlin Clark's next game: Indiana Fever vs. Seattle Storm on Thursday
- Elton John Reveals Why He'll Never Go on Tour Again
- Here’s what you need to know about the verdict in the ‘NFL Sunday Ticket’ trial and what’s next
Recommendation
Woman dies after Singapore family of 3 gets into accident in Taiwan
Inside Protagonist Black, a pop-up shop celebrating diverse books and cocktail pairings
Willie Nelson pulls out of additional performance on Outlaw Music Festival Tour
Texas Supreme Court upholds ban on gender-affirming care for transgender minors
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
FACT FOCUS: Here’s a look at some of the false claims made during Biden and Trump’s first debate
Delaware lawmakers approve a $1.1 billion capital budget for the fiscal year starting Monday
Will Lionel Messi play in Argentina-Peru Copa América match? What we know