While baby boomers are concerned about a number of economicissues, a new survey showed that most are worried about pricesrising faster than their incomes.
|According to the Association for Retired Persons' Anxiety Index,75% of the 1,852 registered voters surveyed said that was theirmain concern.
|Sixty-two percent said they were most worried about healthexpenses while 73% said not having financial security in retirementcaused anxiety. Seventy-one percent expressed concern about payingtoo much in taxes.
|Thirty percent of the boomers surveyed said they regularly worry about being able tofind a full-time job with benefits or keep up with their mortgageor rent.
|Non-retired boomer voters were also pessimistic about retirement,according to AARP. Nearly three in four (72%) believed they willhave to delay retirement, and roughly two in three (65%) worry theywon't have enough to retire.
|Half of the boomers surveyed (50%) don't think they'll ever beable to retire while 59% said they believe the recent economicdownturn will force them to rely more on Social Security andMedicare.
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