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A 65-year old planning to retire this year can expect to dig deep to pay for health care and medical expenses. An opposite-gender couple is likely spend $300,000 throughout retirement. For single retirees, the 2021 estimate is $157,000 for women and $143,000 for men. This year's estimates mark a new record high, up 30 percent from a decade ago, according to research by Fidelity Investments.

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