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Think What You Could Do With Half a Million Dollars in Retirement

Surfer standing on rocky beach
Photographer: Getty Images

Take the Orient Express! Trek in Bhutan! Pay for health care!

The projected tab for an average, healthy 65-year-old couple retiring this year, in lifetime premiums for Medicare Parts B and D and supplemental insurance, is $288,000, according to the HealthView Services 2016 Retirement Health Care Costs Data Report.  Add in out-of-pocket expenses, including dental, hearing, and vision care, and the bill reaches $377,412.