As you check your retirement accounts this year, the following data might convince you that you need to start saving more if you hope to enjoy a financially secure retirement.

• Health care costs. Seventeen cents of every dollar spent in the U.S. last year was spent on health care. Health care spending reached $2.5 trillion, or $8,047 per person. Projections indicate that by 2020, approximately one in every five dollars spent in this country will be spent for health care.
• Social security. More social security taxes are collected annually than are paid out in social security benefits, but because the government uses the surplus for other needs, there is no surplus fund built up. As the baby boomers retire in the next several years, the social security system is expected to begin paying out more than is collected, with annual losses beginning in 2016 or 2017.

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