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US retirees need US$130,000 just to cover healthcare

6% up from last year, with medical costs ballooning - mainly due to high-priced prescription specialty drugs

New York

TODAY'S 65-year-olds in the US can expect to spend an average of US$130,000 on healthcare during their retirement, from premiums to co-payments to eyeglasses, according to new estimates.

The average single 65-year-old woman can expect to need US$135,000 to spend on...

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