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When factoring for inflation, an average 65-year-old couple’s annual expenses at age 85 will be 170 percent higher than in their first year of retirement. (Photo: Shutterstock)

Baby boomers planning to fund retirement can expect annual health care costs to inflate at a rate that will outpace general inflation, and consequently, cost of living increases to Social Security benefits.

Nick Thornton

BenefitsPRO

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