Health Highlights: Feb. 19, 2008 | Tuesday, February 19, 2008; 12:00 AM
Health Care Costs Threaten Retirement Lifestyle: U.S. Study
Skyrocketing health care costs are a major reason why many American baby boomers and Generation Xers won't be able to maintain their standard of living when they retire, according to a study released Tuesday by the Center for Retirement Research at Boston College.
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Based on those costs, most baby boomers (born between 1946 and 1964) and Generation Xers (born between 1965 and 1974) would have to have about $102,000 per person ($206,000 per couple) set aside just for health care expenses when they retire. ...
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