Fidelity Estimates $172,500 in Retirement Healthcare Costs; Financial Services Embrace Digital Shift

Fidelity reports that individuals retiring at age 65 in 2025 can anticipate health care costs totaling approximately $172,500 throughout their retirement. This projection highlights the significant financial planning required for health-related expenses in retirement. Concurrently, the financial services industry has undergone a substantial transformation over the past three years, shifting operational strategies to accommodate a customer base increasingly engaged through digital rather than physical channels. This transition reflects broader trends in service delivery and customer interaction in financial markets.