health care costs

Could Slowing Health Care Costs Save Medicare?

The rise in health care costs has significantly outpaced both inflation and economic growth for decades, leading to increasingly dire projections about Medicare's long-term solvency in recent years. Yet some promising trends suggest the government program may get a new lease on life.

Forget the Taxman: You're Working to Pay Your Doctor

Recently, Forbes contributor Chris Conover took an interesting angle on the issue of health care in America by calculating the health care costs of the average worker. According to his figures, they add up to $8,953 per year -- the equivalent of 58 days of work.

Life's Necessities Could Cost You $3,794 More in 2013

Surveying the raft of end-of-year surveys floating around right now, it quickly becomes apparent that not only are our taxes set to rise in 2013, but the cost of a whole lot of other stuff is going up, too. The question is: How much more expensive will life get in the new year? Here are the grim statistics.

8 Things That Will Cost More in 2013

Happy New Year! Your life just got more expensive. While congress frets over the looming fiscal cliff and taxpayers brace themselves for higher tax rates, consumers should prepare for certain goods to become pricier in 2013.

Younger Workers' Biggest Worry for Retirement: All of the Above

What has young and middle-aged workers most worried about their retirement prospects? Essentially, everything -- from health care costs to tax rates to being able to afford to pay for a roof overhead -- according to a recent survey from T. Rowe Price and Harris Interactive.

In Retirement Planning, Don't Forget to Do the Emotional Math, Too

Many financial advisors might make retirement planning out to be an exact science. Their financial calculators will spit out hard numbers, detailing almost to the day when you can quit working. Reality, however, isn't So exact, and those calculators miss a host of subjective emotional factors that you shouldn't ignore.

How to Ruin Your Retirement in 3 Steps

A successful, prosperous retirement is a common goal for most of us, but it's remarkably easy to wreck your golden years if you're not being careful. Here are three steps you could be taking right now to ruin your retirement.

GOP VP Pick Paul Ryan's Medicare Plan Back in Spotlight

Republican Paul Ryan's blueprint for Medicare could prove one of the most polarizing policies of the election. While it's short on details, one thing is clear: It would shift thousands of dollars a year in health are costs back to individual retirees.

Will Employer Health Insurance Go the Way of Pensions?

For years, employers have been dropping old-style pensions in favor of 401(k)s, putting more responsibility for retirement in the hands of workers. Now, companies are considering doing the same thing with health insurance benefits: Meet the "defined-contribution" health plan.

Junk Food: The Pariah That's Replacing Tobacco

Forget cigarettes: The big public health boogyman now is obesity. The idea that our growing waistlines pose a hefty threat to our financial well-being is gaining momentum, and all signs point to this trend having a big impact on public opinion and public policy.

Retired Couples May Need $240,000 for Health Care

Couples retiring this year can expect their medical bills throughout retirement to cost 4 percent more than those who retired a year ago, according to an annual projection released Wednesday by Fidelity Investments.