Reported about 11 hours ago
Many retirees express regret over not saving enough for retirement, with the majority wishing they had saved more. Additionally, they regret not working longer or delaying Social Security claims to maximize income, as well as not securing a steady income through annuities. Increasingly, retirees are entering retirement with significant debt, including mortgages and credit cards, which complicates financial stability during retirement. Experts suggest that improving financial literacy and seeking reliable financial advice can help individuals make better retirement decisions.
Source: YAHOO