Forolder adults, the majority say that one of their top fears inretirement is their health care costs going out of control. (Photo:Shutterstock)
Whether people are just starting out in their careers or arenearing retirement, many aren't saving enough to covertheir health care expenses, according to two Nationwide Retirement Institute surveys.
"Health care costs and related financial concerns are a commonthread across multiple generations," says John Carter, president ofNationwide Retirement Plans and president and chief operatingofficer-elect of Nationwide Financial. "Although young and oldagree they should be more proactive in addressing these concerns,they are missing easy opportunities to do so."
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
