Around the web: retiring couple needs $225,000 in savings to cover medical expenses

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By Dave Tate, CPA, Esq. - As I was looking around the web, I came across this story, stating that a retiring couple needs about $225,000 in savings to cover medical expenses. See

Sounds a little high to me, but kind of a scary thought even if partially true. And, that amount would not come close to buying you a place in a retirement community, at least not in California.

Dave Tate, CPA, Esq.
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