Finances and health insurance are on the minds of Baby Boomers, as 36% of them say they think about their retirement savings nearly every day, according to a recent survey by Pulte Homes.

More than half, 57% of those surveyed, list the cost of health insurance as their top financial concern.

Baby Boomers feel they will need $800,000 in savings for retirement, and 76% are not confident they will have enough income in retirement. They were also concerned about the loss of Social Security and the cost of long-term insurance. The survey consisted of 1,300 Baby Boomers across the nation between the ages of 44 and 56.

Copyright 2003 Thomson Media Inc. All Rights Reserved.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.