Pre-Retirees Are “Terrified” About Health Care Costs

More than 62% of pre-retirees say they are terrified of what health care costs may do to their retirement plans, according to a survey by Nationwide’s Retirement Institute. The survey was conducted by Harris Poll of 801 Americans age 50 or older with at least $150,000 in household income. As health care costs in retirement continue to worry pre-retirees, about 26% of employed affluent boomers now believe they will never retire. Seventy-seven percent have not discussed their retirement health care costs with a financial advisor

Last Updated 10/20/2021

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