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Baby Boomers more fearful of gas prices, medical costs than retirement.


In a Harris Interactive Harris Interactive (NASDAQ: HPOL) is an American market research company that specializes in public opinion research using both telephone and surveys on online panels. The company is the product of a 1996 merger between the Gordon S. Black Company and Louis Harris & Associates.  survey of 1,000 U.S. adults 18 and older during Mar., it was revealed that more Baby Boomers See generation X.  are concerned about gas prices and uninsured medical costs than about retirement and other long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 expenses. The results of the poll, conducted for the AICPA AICPA

See American Institute of Certified Public Accountants (AICPA).
, revealed that 51% of Americans age 45 and older have greater worries about short-term financial issues--rising energy costs, uninsured medical expenses, price of gas and credit-card debt--than they do about longer-term concerns like caring for aging parents, lack of savings for an emergency and even retirement itself.
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Publication:CPA Letter
Date:Jun 1, 2006
Words:95
Previous Article:Generation X knows to take control of their own retirement.(financial literacy)
Next Article:AICPA: CPA executives believe companies cannot continue funding pensions to cover employees' retirement.
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