Baby boomers worry about finances, health costs

The Associated Press 2011-07-28: WASHINGTON (AP) — The “golden years” may lose some luster for many baby boomers worried about the financial pressures that come with age. Many of the nation’s 77 million boomers are worried about being able to pay their medical bills as they get older, a new poll finds. The concern is so deep that it outpaces worries about facing a major illness or disease, dying, or losing the ability to do favorite activities. Another major concern among the boomers: losing their financial independence. The struggling economy, a longer life expectancy, ever-increasing health care costs and challenges facing Social Security…  (Read complete article)


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