62% of pre-retirees expect help for future health care expenses

According to a recent study by Ameriprise Financial:

• 86% of baby boomers express concern about the affordability of health care in retirement.
• 19% surveyed say they have taken one or more steps to prepare.
• 26% have reviewed their options but have taken no action.
• 40% have thought about it but haven't looked into it in detail.
• 15% of respondents haven't begun to consider how they will cover health care costs in retirement.

Note: Data from more than 1,000 employed baby boomers ages 50-64 who are preparing for retirement with at least $100,000 in investable assets, asked these individuals about their attitudes toward health, health care costs and the impact each may have in retirement.


Source: Business Wire