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Reply to "How much do you think you need for retirement, salary and age (and when you expect to retire)"
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[quote=Anonymous][quote=Anonymous]It is difficult to say how much we will need. It all depends on healthcare costs. DH takes a medicine that used to cost $1k a month, and now is $1k a week due to the drug company increasing the cost. If Medicare doesn’t cover it , we need to cover it. In the current environment, we can’t rely on Medicare. We take other medications, but they are all reasonably priced at the moment. [/quote] I'm sorry. My mom is facing this, too. Her state pension is cutting prescription drug benefits for retirees, and they will be out on their own. The government needs to crack down on drug prices again. These prices are ridiculous. My son's $7 albuterol inhaler has jumped to $65. Generic. Albuterol and the delivery method have been around forever. Why the huge price increase? [/quote]
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