It’s true that health insurance costs are only predicted to get higher over time as demand increases. It’s estimated that the average couple will need to budget around $240K for healthcare costs alone during retirement (65+) even when they are on Medicare–due to rising premiums and supplemental insurance needs–not to mention the huge costs for healthcare they could incur from age 55-65 should they be unemployed, etc.
Although I’m not yet retired, our pilot’s union negotiated hard for pensions and health insurance for retirees in my age group. Younger pilots are facing an entirely different scenario, so retirement planning on all fronts is definitely a must if you want to enjoy that period of your life.
