Health care costs top economy as boomer concern

More boomers are concerned about the cost of health care than the state of the economy, according to a recent report. The survey by CPH Research for Continuum Crew found that in 2008, 46 percent of boomers cited the recession as their main cause for anxiety. In 2009, 49 percent of boomers said the cost of health care was the biggest source of anxiety. The study added that overall levels of anxiety are on the rise.

"In interpreting all the responses about anxiety, in terms of their mindset and behavior, it appears Boomers are now re-framing the notion of frugal living into the idea of simplicity. The national economic situation has created a new 'planner' type personality among Boomers that engages more with institutions, such as financial services organizations and retirement communities."