“Are You Making These 14 Costly Mistakes That Could Drain Your Retirement Savings?”

"Are You Making These 14 Costly Mistakes That Could Drain Your Retirement Savings?"

If housing is your largest expense, consider moving to a more affordable area or a home that requires less upkeep. Addressing these costs early can make your savings go much further.

14. You Don’t Have a Plan for Long-Term Care

Female nursing assistant and elderly man in wheelchair enjoying autumn in the park.Female nursing assistant and elderly man in wheelchair enjoying autumn in the park.
Photo Credit: Depositphotos.com.

Long-term care is one of the most overlooked yet potentially devastating expenses in retirement. Statistics show that about 70% of people over 65 will need some form of long-term care.

Whether through long-term care insurance or a dedicated savings plan, preparing for these costs is critical. Ignoring this need could force you to deplete your savings or rely on family members for support.

19 Things You Shouldn’t Fear as You Get Older

sad old womansad old woman
Photo Credit: Depositphotos.com.

As we grow older, it’s common for our fears to grow alongside us and sometimes hold us back from enjoying our lives. Many of these worries come from not knowing what will happen as we age. The media (social and news) also makes older folks unnecessarily fearful about their health and vitality- often painting a picture of disaster, decline, and disease.

19 Things You Shouldn’t Fear as You Get Older

14 Tough Parts About Getting Older No One Shares

old man with a helmet and knee brace exercising outsideold man with a helmet and knee brace exercising outside
Photo Credit: Depositphotos.com.

Some people celebrate the first grey hair and the first wrinkle, while others are horrified at the first sign of aging and do all they can to eliminate it. The tell-tale signs of aging are met with varied reactions, but they all indicate one thing—no one will be left by this aging train.

Pages: 1 2 3 4 5 6 7

Post Comment

RSS
Follow by Email