Here are the top 3 retirement regrets for Americans in their 70s and 80s. How to stop yourself making the same mistakes
View original at finance.yahoo.comHere are the top 3 retirement regrets for Americans in their 70s and 80s. How to stop yourself making the same mistakes Houston Chronicle and Hearst Newspapers / Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below…
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Retirees wish they had spent more money during their early retirement years, especially on experiences like travel, hobbies and family activities
80% confidenceNearly 50% of Americans are making one big Social Security mistake
80% confidenceRetirees regret not prioritizing their health earlier in life, as bad diets and sedentary lifestyles catch up as they age
80% confidenceInstead of having dessert every night, might do it once a week just as a treat to improve health
80% confidenceOne asset will surge 400% in a year
80% confidenceOnly 6% of surveyed retirees retired later than planned
80% confidence64% of surveyed retirees didn't retire when they had planned to
80% confidence58% of surveyed retirees retired earlier than intended
80% confidence37% of Americans don't have enough cash to cover a $400 emergency expense
80% confidenceMore than 85% of America's older adults who rely solely on Medicare have chronic health conditions
80% confidenceMany retirees in their 70s and 80s regret not retiring earlier while they were in good health and with greater energy
80% confidenceMost chronic diseases are caused by smoking, poor nutrition, physical inactivity and excessive alcohol use
80% confidenceOnly one in five early retirees did so because they were financially prepared
80% confidence
Data points we hold from this source
| Board of Governors of the Federal Reserve System · emergency savings insufficient | 37 percent |
