Weekend Reading: The 5 Biggest Regrets People Have About Retirement

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.
Weekend reading retirement regrets Weekend reading retirement regrets
Weekend Reading

If you’re a retiree and could have a retirement planning do-over, what might you change?


Beyond basic blunders: Many might believe the top regrets of today’s retirees include not saving enough or beginning to save earlier; However, while these are certainly valid qualms, our team finds - much like the author of this article - that the biggest mistakes go deeper. The most noteworthy regrets featured here include:

📌 I wish I had started my transition plans earlier: Saving for retirement is one thing; actually stepping into retirement is another. It requires more planning than many might initially realize.

📌 I wish I had gotten help with high-level strategies sooner: You can condense your list of “Should-a, Could-a, Would-as” by seeking professional guidance on the complex world of retirement planning strategies, investments and products.

📌 I wish I had been open to changing strategies: As the economic landscape evolves and the phases of your retirement planning journey shift, so should the financial strategies in your portfolio.

📌 I wish I had kept my eye on the prize: Finding a balance between enjoying the now while saving for the future is key. It’s all about focusing on wealth creation instead of a high-end lifestyle.

📌 I wish I hadn’t put off the difficult decisions: We see this most often in the realm of estate planning. While these conversations might be uncomfortable, procrastination can be detrimental to your loved ones.

Make note: Your opportunity to achieve the most successful retirement will require more than simply saving 10 percent of your paycheck.