Merrill Lynch DFW clients worried about rising healthcare costs, survey says

Merrill Lynch clients in the DFW area are most concerned by the rising cost of healthcare, and the vast majority plan to work during retirement, according to the Merrill Lynch Affluent Insights Survey.

Among their biggest concerns, 76 percent cited rising healthcare costs, 65 percent said they hadn’t estimated healthcare costs in retirement, 55 percent were concerned with being able to afford the retirement lifestyle they want, and 53 percent were concerned with outliving their assets.

On retirement, 79 percent said they planned to work part or fulltime in retirement, and only 18 percent defined retirement as “never working again.”

- Scott Nishimura