Filed Under:Markets, Gen X Y

Survey: Military Families Emphasize Health Care Savings in Retirement Planning

AP Photo
AP Photo

Proposed changes to the military’s health insurance program, Tricare, are prompting middle-class military families to begin looking at new ways to cover their medical costs during retirement.

The latest findings of the First Command Financial Behaviors Index reveal that 31 percent of middle-class military families (those in pay grades E-6 and above with household incomes of $50,000 or more) are extremely or very nervous about proposed changes, which could mean increased out-of-pocket costs during retirement. In response, they expect to:

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Nichole Morford

Nichole Morford
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