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Survey: Floridan’s 45 and Older Give Interesting Answers Concerning Retirement And Home Ownership

The AARP recently asked Floridians aged 45 and older about their top concerns regarding issues such as health, retirement, and owning a home.

HEALTH

Among the Floridians polled, 65% reported that prescription drug costs were among their top monthly expenses of concern.

CAREGIVING ISSUES

Among the Floridians polled, 58% are either currently providing care or have provided care in the past to an adult relative or friend.

HOMEOWNERSHIP

Most Floridians said homeowner’s insurance was a top concern followed by property taxes. Other polls that have been recently conducted in the state have also reported the same results.

The AARP survey found that 69% of people said their major factors driving them out of the current communities as they get older were because of their desire for disaster-resistant homes and lower overall housing costs.

The survey revealed that 74% of Florida residents have homeowners or renters’ insurance that would cover their losses in the event of a natural disaster. But 74% of those without a homeowners’ insurance plan said they didn’t have one because it was too expensive.

Sixty-three percent of respondents said they are also very concerned about being able to afford their homeowners or renters insurance.

Around 90% of Florida residents aged 45 and above said staying in their own home as they age is extremely or very important to them, and about 80% believe having affordable housing options in their community is extremely/very important.

SOCIAL SECURITY, RETIREMENT

58% do not believe their member of Congress is doing enough to protect Social Security for their retirement and for future generations.

When it came to a retirement plan provided by their company, 35% of Florida residents age 45+ report that their employer did not provide them with a way to save for retirement.

 

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