Studies: Retirees fear rising health costs

Published Updated 2 Min Read

Nearly half of soon-to-be-retired, high-net-worth Americans say they are terrified of what health care costs may do to their retirement plans, according to a new survey.

Nationwide Financial’s “Healthcare Costs in Retirement Consumer Study” found that 45% expect health care to be their biggest expense throughout retirement, while $5,621 was the amount participants expect to spend on health care each year on average.


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