Different age groups have different concerns about their retirement, according to the 2011 Franklin Templeton Retirement Income Strategies and Expectations survey. Seventy-eight percent of older respondents, those between ages 35 and 44, are most concerned about managing their retirement income to meet retirement expenses.

Sixty-eight percent of individuals from 25 to 34 years of age said they also were most concerned with managing their retirement income, but only 59 percent of 18- to 24-year-olds had the same concern.

People over the age of 65 were most concerned about medical expenses, changes to Social Security and running out of money.

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