Source Pravda.Ru

Many working Americans are financially unprepared to retire

According to the Center for Retirement Research at Boston College , many U.S. adults have no idea of healthcare cost after retirement.

The Center estimated that nearly 61% of the working Americans will be financially unprepared to retire – a significant increase in comparison with the last year.

In order to cover all health expenses after retirement one should save about $300,000 provided one has average life expectancy and average number of benefits.