Far too many Americans are counting on Medicare to pay for an unrealistically high portion of their escalating health care costs in retirement and too many pre-retirees are either ignoring or underestimating the advice they could be receiving from a financial advisor.
Those are the main takeaways from a Nationwide Financial survey of 1,250 Americans with more than $250,000 in household assets. Conducted by Harris Interactive, the query found that 38% of those nearing retirement have not discussed their retirement plans at all with a financial advisor.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access