This has been an enormous wake-up call for people who thought when they retired five years ago they had plenty of money to live on, and now $400 to $500 of cash flow a month is going to health care premiums.

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That's not necessarily a bad thing from a lifestyle standpoint. You can take the pension and go work someplace that is a less stressful and a more enjoyment environment.

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The general rate of inflation is higher for retirees because of the fact that lots of things retirees spend their money on -- travel, hobbies and health insurance -- are going up at a faster rate than the overall inflation.

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