Here are the top 3 retirement regrets for Americans in their 70s and 80s. How to stop yourself making the same mistakes

Moneywise and Yahoo Finance LLC whitethorn gain committee oregon gross done links successful the contented below.

Retirement is nary clip for regrets. Your aureate years should beryllium spent reminiscing astir a beingness well-lived — not a beingness afloat of what ifs.

Unfortunately, plentifulness of Americans look backmost connected their status with lingering regrets. A My Retired Life YouTube video shared immoderate of these reflections, gathered from the host’s conversations with folks successful their 70s and 80s (1).

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Their responses are surprising, and possibly a small bittersweet — but hopefully, their contented tin assistance you debar the aforesaid traps.

By learning from their mistakes now, you tin program for a much fulfilling status ahead.

Many retirees regret not retiring earlier, portion they were successful bully wellness and with greater energy.

As 1 YouTube commenter enactment it, “Nobody ever looks backmost connected their beingness and says, ‘I privation I spent much clip astatine the office.’”

A 2024 study from the Transamerica Center for Retirement Studies recovered that 64% of those surveyed didn’t discontinue erstwhile they had planned to (2). All told, 58% had retired earlier than intended, and lone 6% retired later.

While an earlier status mightiness dependable bully successful theory, lone 1 successful 5 of those retirees did truthful due to the fact that they were financially prepared. Most aboriginal retirees were forced to bash so, alternatively than pursuing it retired of choice.

One mode to discontinue sooner and to beryllium connected coagulated footing erstwhile you bash is to marque definite you’re consistently contributing to your status accounts.

Read More: Approaching status with nary savings? Don’t panic, you're not alone. Here are 6 casual ways you tin drawback up (and fast)

When it comes to gathering your nest egg, absorption connected consistency. After all, it’s much astir giving your wealth clip successful the marketplace alternatively than trying to clip the market.

You tin marque investing effortless and a seamless portion of your fiscal regular by downloading the Acorns app and linking it to your slope account.

Acorns automatically rounds up the full outgo of your purchases connected debit and recognition cards, past invests the remainder successful a diversified portfolio of ETFs. That greeting java for $3.25? It’s present a 75-cent concern successful your future.