Even Wealthy Americans Are Worried About This Huge Retirement Expense
Just like your wedding day or the day your child is born, retirement is a huge and exciting milestone -- but it can also be terrifying.
Retirement is full of unknowns -- namely, the uncertainty surrounding whether you'll have enough money to last through retirement. In fact, 76% of baby boomers are worried they haven't saved enough, according to an Insured Retirement Institute survey.
Because money is a major concern for soon-to-be retirees, many people think a fatter wallet will solve all their retirement woes. But it turns out even wealthy people, just like the rest of us, are worried about retirement. And the No. 1 concern well-off Americans have about retirement? Healthcare costs.
Source: Fool.com
