Flying Blind: How Working Americans View Healthcare Costs in Retirement

Flying Blind: How Working Americans View Healthcare Costs in Retirement A Sun Life Financial Unretirement Survey – May 4, 2011

  • “92% of American workers either have no idea what their healthcare costs will be in retirement, or vastly underestimate those costs. 40% of Americans have “no idea” how much they will spend on healthcare costs during their retirement years, and only 8 percent estimate costs of $200,000 or more (which is considered a realistic estimate, according to industry experts). 43% of Americans feel not at all confident about meeting healthcare costs in retirement, and a scant 9% feel very confident. Half of workers in their fifties feel “not at all confident” about meeting retirement healthcare costs.”
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