Retirees need $225,000 for health care says Balt. Biz Journal???

A 65-year-old couple retiring in 2008 will need about $225,000 to pay for medical expenses during retirement, according to Fidelity Investments' annual health care cost estimate.
Boston-based Fidelity Investments' latest estimate is close to a five percent increase over the 2007 estimate of $215,000.
Fidelity has released its health care study every year since 2002. The number has risen 41 percent since its first study, with an average yearly increase of about six percent.
"With health care costs continuing to outpace wage increases and companies trimming retiree health benefits, financing health care has to be central to retirement planning," said Brad Kimler, executive vice president at Fidelity Investments, in a statement. "Given current economic conditions, this is especially true for those planning to retire in the next few years or before they qualify for full social security or Medicare benefits."

Wonderful. My calculations tell me that an increase of 6% each year has me retiring with a needed budget of $1.45 million. Huzzah! Stupid baby-boomers sucking all the Medicare money. If government's stance on health care wasjn't important to you before, you might want to look at the candidates now!