Couples who retire at age 65 this year are estimated to need an average of $220,000 to pay for their health care expenses, according to a Fidelity Investments study. That figure represents an 8% decline from last year's estimate of $240,000 and a 12% decline from the all-time high of $250,000 three years ago, according to the study. "I think what surprised many people is that in recent years, even as the economy recovered, you've still seen a fairly significant slowdown" in health care spending, says Sunil Patel of Fidelity. Annuities and health savings accounts can be useful tools in helping workers prepare for future health expenses, experts say.

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