Health Care $$ Scare Old & Rich
Health care costs have even the wealthy worried.
According to a new survey commissioned by Nationwide Financial and conducted by Harris Interactive, 46 percent of people 55 or older who have assets of at least $250,000 and plan to retire by 2020 say they are "terrified" that health care costs will foul up their retirement plans and 30 percent of those already retired reported the same anxiety. A smaller proportion of soon-to-be-retired Americans, 18 percent, is "fearful" of bankruptcy because of health care costs, as are 6 percent of retired people, according to the survey.
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