Filed Under:Markets, Boomer Market

AARP flags lack of planning for health costs in retirement

Roughly one-third of individuals have tried to estimate how much money they will need to save.
Roughly one-third of individuals have tried to estimate how much money they will need to save.

Most individuals have not taken steps to plan for their health care costs in retirement, new research reveals.

AARP discloses this finding in a November 2013 survey that examines the American public’s awareness and concern about health care costs incurred in retirement. The report also seeks to determine whether or not pre-retirees are currently saving to cover future health care expenses, taking account of the fact that Medicare covers only about 51 percent of health care costs.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.