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November 17, 2008 at 10:50 AM
U.S. consumers over age 45 are less likely than comparable consumers in some other developed countries to cite affordability of health care as a critical post-retirement financial concern.
Researchers at Hartford Life, Simsbury, Conn., a unit of Hartford Financial Services Group Inc., Hartford, have published that finding in a summary of results from a survey of 6,750 consumers in Australia, Germany, Italy, Japan, South Korea, Spain, Taiwan, the United Kingdom and the United States.
The percentage of U.S. residents who said they worry about getting by on a daily basis in retirement was about 50% in the United States, compared with 54% in Spain, 56% in Germany and 59% in the United Kingdom, Hartford researchers report.
U.S. participants also ranked relatively low in terms of the percentage of participants who said the ability to afford health care is an important financial concern.
