While many older Americans may need significant healthcare coverage when they retire, many people may struggle to afford a comprehensive policy, according to MarketWatch.

A Fidelity Investments report showed that for couples who are at least 65 years old, it could cost them $240,000 or more to afford healthcare in retirement, even when using Medicare, the news source noted. This applies for those who live the average lifespan, so many could be making much higher payments throughout their lives, MarketWatch notes.

While 32 percent of total payments are expected to go to Medicare premiums for the B and D plans, the majority of costs will be out-of-pocket, the report added. Close to one-quarter of the amount paid will be for prescription drugs, while another 45 percent will be for deductibles, co-payments and co-insurance.

Consumers who are worried about healthcare costs in old age, and are not comfortable with utilizing Medicare, it may benefit them to seek out a private plan. Comparing policies with affordable health insurance rates may help a person afford health issues later in life.