Boomers Increasingly Worried About Healthcare Costs

Online, March 28, 2012 (Newswire.com) - One of the main concerns of baby boomers is healthcare costs, according to a poll published last July that was conducted by the Associated Press and LifeGoesStrong.com. In fact, 43 percent of respondents said they were "very" or "extremely" worried about being able to pay their medical bills.

"Health care costs for new retirees will be significant," say boomer generation health experts Dian Griesel, Ph.D., and Tom Griesel, authors of the new books TurboCharged: http://turbocharged.us.com/turbocharged/Accelerate Your Fat Burning Metabolism, Get Lean Fast and Leave Diet and Exercise Rules in the Dust (April 2011, BSH) and The TurboCharged Mind (January 2012, BSH)http://turbocharged.us.com/the-turbocharged-mind/ . "Fidelity Investments has estimated a 65-year-old couple retiring this year with Medicare coverage would need about $230,000 to cover medical expenses in retirement."

"We should all be working on taking better care of ourselves now, in order to avoid preventable healthcare problems in the future and reduce potential medical costs," says Dian. "In fact, if there was no healthcare insurance or Medicare coverage, it's a safe bet that most people would pay more attention and take better care of themselves. Why risk getting sick if many of the most common health issues and modern diseases are preventable?"

"Even if you are one of the lucky ones who have adequate finances to pay for future medical bills, it won't do you much good if you are not healthy enough to enjoy life," adds Tom. "Why not start an investment program by regularly depositing some 'health dollars' in your body today? If you do, the compound interest you earn just might make it the most profitable investment in your portfolio."

Source: http://turbocharged.us.com/healthcare-cost-is-main-concern-for-boomers/

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