Thursday, October 24, 2013

Savings Needed for Medigap Premiums, Medicare Part B Premiums, Medicare Part D Premiums and Out-of-Pocket Drug Expenses for Retirement at Age 65 in 2011-2013

By Percent Chance of Having Enough Savings with Median Prescription Drug Expenses Throughout Retirement Men 2011 2012 2013 50% $71,000 $70,00 $65,000 75% 107,000 105,000 96,000 90% 136,000 135,000 122,000 Women 50% 95,000 93,000 86,000 75% 124,000 122,000 111,000 90% 156,000 154,000 139,000 Married Couple 50% 166,000 163,000 151,000 75% 231,000 227,000 207,000 90% 287,000 283,000 255,000 Source: Employee Benefit Research Institute

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