Rising out-of-pocket costs threaten seniors' retirement

Unless health care practices or public policy change, seniors’ out-of-pocket spending will likely grow in coming years as health care costs continue to increase.

50% increase in the median annual real out-of-pocket costs for Americans age 65 and older, from about $2,600 to about $6,200 in the next 30 years.

One in 10 older adults will spend more than $14,000 per year on health care in 2040.

9% increase in the median share of household income spent on health care by adults age 65 and older, between 2010 and 2040.