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Health Care Costs in Retirement Survey Among U.S. Adults Ages 50 and Older October 2016 Presented by Harris Poll  NFM-1607...
Target Group and Method      This survey was conducted online from September 14-22, 2016 to a targeted subset of the U.S. ...
Nearly half of older adults expect to retire in the next decade     Over one third  35   do not expect to retire.  Year Ex...
Health care costs in retirement are feared     The majority of adults admit that one of their top fears in retirement is t...
Majority are concerned over medical expenses and LTC  having enough money benefits to last through retirement     Top conc...
Beyond income, Social Security and Medicare top list of sources used to pay for health care costs in retirement     Less t...
Majority of non-retirees are taking action now to save for health care costs in retirement     Most commonly, non-retirees...
Some have taken potentially harmful steps to deflect health care costs in retirement     While about half of older adults ...
Over  500 in unplanned expenses too much to cover, for some     One in three older adults  34   would be unable to cover m...
Retirement funds need to last nearly two decades, on average     On average, adults believe they will need retirement fund...
Majority are unsure of annual health care or LTC costs     Most older adults can   t estimate health care costs in retirem...
Majority would rather die than live in a nursing home     Half of adults are worried they will become a burden to their fa...
Similarly, many have not had a conversation with anyone about health care costs      Over two in five older adults  45   h...
Health care costs are a personal issue          Of those currently working with a financial advisor but who have not discu...
Spouse does not know enough about health care costs          Almost half of older adults who are married but have not disc...
Older adults do not want their children to worry about them          Half  51   say they haven   t discussed health care c...
Majority recognizes the importance of discussions with an advisor     About three-quarters of those who have discussed ret...
Most feel their financial advisor is well prepared to discuss health care and LTC costs      The majority of adults who ha...
Older adults expect to live to age 92, on average     On average, men are more likely than women to expect to live to an o...