Did you hear that the average 65-year-old opposite-gendered couple retiring in 2022 is expected to spend $315,000 on healthcare in the course of retirement? That's the number Fidelity put out last year, and once it releases 2023 data, we could see that number grow.

And of course healthcare is just one expense of many that seniors tend to grapple with. Once you're retired, you're going to need to pay for housing, transportation, utilities, and food. You'll also need money to keep busy all week in the absence of having a job.

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Source Fool.com