Filed Under:Life Insurance, Life Planning Strategies

Discrepancy in actual, anticipated health-care expenses

People should be prepared to spend approximately 30 percent of their income on health care expenses in retirement, 10 percent more than most people polled in a new survey anticipate spending.

Aviva USA discloses this finding in a second annual survey published in collaboration with the Mayo Clinic. The report focuses on the tie between health, finances and retirement issues. Ipsos, a global market research company, conducted the survey of nearly 1,500 nonretired U.S. adults on their health habits and financial preparedness.

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Nichole Morford

Nichole Morford
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