When preparing a retirement financial plan, any thoughts on the average cost of health insurance?

Many financial planners seem to be missing this ‘line item’ when preparing a plan. For many, this may be the biggest monthly expense at the time of retirement.

On Medicare you can expect to pay $95 a month for part B, and if you want an insurance supplement expect between $100 and $150 a month with no deductibles or co pays. If HMO around $78 a month with co-pays and deductibles. If you are not 65 plan on about $500 a month for private coverage until you are 65.