Date(s) - March 2, 2022
7:30 am - 9:00 am
“A New Way to Calculate Retirement Health Care Costs”
Being able to pay for healthcare is a major concern for our clients. Dr. Sudipto Banerjee has been conducting research on aging for many years. Since joining T. Rowe Price in 2018, he has lead their rigorous research effort and written several white papers designed to help advisors create better financial plans for their clients. In this presentation, Dr. Banerjee will share a new way of thinking about spending in retirement. He will explain how to break costs out between insurance premiums and out of pocket expenses. He will suggest how to model low-probability, but high cost events. And he will provide a framework for thinking about self-insuring, leveraging medigap insurance and long term care insurance.
Sudipto Banerjee is a senior manager in the Retirement Thought Leadership Group at T. Rowe Price Associates. Dr. Banerjee has been with T. Rowe Price since 2018. Prior to this, he was employed by the Employee Benefit Research Institute. In 2015, Dr. Banerjee was names one of the “50 Influencers in Aging” by Next Avenue for his analysis of the economic aspects of retirement.
He earned a B.S. in economics from Presidency College in India and a M.S. in economics from the Indian Statistical Institute. Dr. Banerjee received his Ph.D. in economics from Ohio State University.