Filed Under:Markets, Boomer Market

Survey: Women Underestimate Out-of-Pocket Costs of Health Care in Retirement

Photo credit: ddpavumba
Photo credit: ddpavumba

Women who are close to retirement significantly underestimate the amount of money they’ll have to spend out-of-pocket in retirement to cover health care costs, according to a new report.

Nationwide Financial, Columbus, Ohio, published this finding in a summary of results from a new survey, “Health Costs in Retirement: Consumer Study.” The online survey, conducted by Harris Interactive on behalf of Nationwide Financial in January, polled 625 adults (including 215 women) ages 55+ having $250,000 or more in household assets who plan to retire by 2020; plus 625 adults ages 65 and older having $250,000 or more in investable assets.

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Nichole Morford

Nichole Morford
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