The Employee Benefits Research Institute estimates that couples with high Medicare prescription drug expenditures will need $413,000 to have a 90 percent chance of having enough money to cover future healthcare costs.

The EBRI, a non-profit organization established in 1978 to gather research on retirement, health, and financial well-being, developed these savings targets using its projection model.

By the numbers: Males need to save $184,000 to cover future healthcare, while women will need closer to $217,000.

What they’re saying: “The results from EBRI’s projection model indicate that basic health care costs incurred by Medicare beneficiaries are high. While the savings targets tend to be lower for Medicare Advantage enrollees relative to Medigap enrollees, there are important limitations to take into account,” says Research Associate Jason Spiegel.