A new survey reveals that nine in 10 retirees with at least $250,000 in household assets are not concerned about paying for future health care costs beyond what Medicare covers.
Nationwide Financial published this finding in a summary of results from a survey of 625 adults ages 55-plus having $250,000 or more in household assets who plan to retire by 2020 and 625 retired adults ages 65-plus having $250,000 or more in household assets. The survey was conducted by Harris Interactive, New York.
The survey reveals that 93 percent of Americans in retirement are at least somewhat confident they can pay for their future health care costs. This contrasts with the nearly half (46 percent) of boomers nearing retirement with the same amount of assets who say they are "terrified" of what health care costs will do to their retirement plans.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
- Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
- Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
