Tuesday, January 24, 2012

HEALTH CARE

Boomers fear health costs will overwhelm them in retirement..

The cost of health care in retirement is substantial, and many boomers feel they aren't prepared to meet those costs, a report released by the Insured Retirement Institute found. Almost two-thirds of boomers aren't confident they have enough saved to cover the cost of health care after they retire. Younger boomers are especially concerned; 72 percent of those between ages 50 and 54 say they are worried about being able to cover costs.

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