Americans fear this retirement setback more than death - USA Today
A recent survey by the Allianz Center for the Future of Retirement reveals that Americans fear running out of money in retirement more than they fear death. Economic factors like inflation and rising healthcare costs are cited as primary drivers for this anxiety.
Why it matters
Retirement security is a critical economic concern that influences personal financial planning and national policy debates.
Hear this story Americans are less concerned about dying and more perturbed by the financial implications of remaining alive.
That’s one finding from an annual survey by the Allianz Center for the Future of Retirement. It found that 67% of Americans worry more about running out of money than death.
"It’s running out of money," said Kelly LaVigne , vice president of consumer insights at Allianz, speaking to USA TODAY in April. "It’s not being able to afford healthcare. It’s not being able to afford long-term care."
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