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 Inc.
More than half, 57% of those surveyed, list the cost of health insurance as their top financial concern according to the Baby Boomer Report. The study was commissioned by Del Webb, a builder of retirement communities. Pulte is the parent of Del Webb.
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.