A recent AARP survey has revealed that baby boomers are most concerned with the following issues: inflation, taxes, the opportunity to eventually retire, financial security during retirement, and the affordability of health care. These five factors are what drives the new polling feature called the “Anxiety Index”. In this survey of 1,852 registered voters found that non-retired 50-64 year olds (baby boomers) scored a 70 percent on the Anxiety Index. This score is much higher than the 59 percent score from 18-49 year olds and is significantly higher than the 46 percent scored by those 65 and above.
Given the anxiety revealed in this survey, it is apparent that these concerned baby boomers will be studying the political candidates’ views about the five factors in the Anxiety Index over the next few months. Also, we can only hope that these concerned individuals are seeking consultation from a trusted retirement income specialist for professional guidance. Considering how much is at stake in developing and maintaining an effective retirement plan, it is not something that should be done alone.