Excerpt from: USA Today (click for full article)
Many people nearing retirement don't have a good feeling about whether they have saved enough to make it through retirement.
Add to that worries about health care costs in retirement, and those concerns are off the chart. They should be.
"I've seen people pay as much as $5,000 to $15,000 a month for their medical care in retirement," says Katherine Dean, national director of wealth planning for Wells Fargo Private Bank.
According to the Employee Benefit Research Institute's annual survey, more than half of retirees surveyed this year are not confident that they have saved enough to pay their medical expenses during retirement.
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