Nearly 7 in 10 Retirees Live as Well or Better Than They Did in Their Working Years, Study Finds
Nearly seven in 10 retirees say they live as well or better in retirement than they did when they were working, finds a T. Rowe Price study. But, they do have financial concerns, with the most worrisome all related to health care. 72 percent said long-term care services, like a nursing home, was their top concern, followed by 64 percent who said health insurance premiums and then 64 percent who said out-of-pocket expenses.
The good news is despite the concern, 77 percent of retirees have enough money to pay for healthcare expenses, according to the study.