Tools · Medicare

What Medicare
actually costs.

Medicare isn't free. Part B, Part D, and Medigap supplements add up to a significant monthly expense. Enter your income and coverage to estimate total Medicare costs.

This page covers US-specific accounts and tax law. Outside the US? The priority order is the same, the account names differ (ISA in the UK, TFSA/RRSP in Canada, Super in Australia, etc.).

Get actual quotes at medicare.gov or through a licensed broker. Premiums vary by state, age, and carrier.

TOTAL MONTHLY COST
$0
$0/year
BREAKDOWN
OVER 20 YEARS OF RETIREMENT
$0

Healthcare is often the largest unplanned expense in retirement. These figures exclude dental, vision, hearing, and long-term care which Medicare does not cover ×DON'T TRUST, VERIFYClaim: Original Medicare does not cover most dental, vision, hearing, or long-term care.Verify at: medicare.gov coverage ↗Medicare Advantage plans may include some of these..

What this tool assumes
  • Part B premium is based on MAGI from 2 years prior (IRMAA brackets).
  • Part D premiums vary by plan; this estimate is base + IRMAA only.

Not financial, medical, or insurance advice. Estimates only.

Related

→ Healthcare Before Medicare → Social Security Strategy → In Retirement
HOW THIS IS CALCULATED

This tool runs entirely in your browser — no data is sent to any server. All formulas use standard financial math. Verify the methodology or inspect the source code in your browser's dev tools.