Healthcare workers save a median of $17,000 more for retirement than those in other fields, according to Fidelity Investments.
Healthcare workers saved an average of $7,000 for retirement in 2011, twice as much as other workers that year, but they also make a lot of miscalculations concerning their retirement.
On average, healthcare workers underestimate their social security benefits by $500 every month, compared to $450 for all other workers.
Twenty-six percent of workers in the field of healthcare expect fair to poor health in retirement. Forty-three percent report fair to poor health once they retire from the workforce.
Though 47 percent of healthcare workers expect to be able to work part-time during their retirement years, only 12 percent actually do.
- Rebate or tax credit? Clean air proposal...
- Customers wait all night, get new iPhone 6
- Review: Larger iPhones eliminate reason to...
- Guilty verdict in peanut trial should send...
- Dave Ramsey says: Tips for stretching dollars...
- Yellen says US families need to boost savings
- Riverton Hospital expansion aims to meet...
- Phone lines are open: Customers camp out for...
- Yellen says US families need to boost... 10
- Financial interventions don't work 7
- Salt Lake City is now 'Ski City USA' in... 5
- Extended warranties a big sell. Are... 4
- PepsiCo latest sponsor to voice NFL... 4
- Customers wait all night, get new iPhone 6 4
- FedEx to add 50,000 seasonal jobs 2
- Where’s the app for an earthquake... 2