Attention, Workers: You May Want to Heed This Retirement Warning
When we think about seniors who are struggling financially in retirement, we may be inclined to think of people who didn't bother to build any savings and are instead living on Social Security alone. But the unfortunate reality is that a lot of older Americans are struggling financially even with personal savings on top of Social Security. The reason could boil down to the fact that a lot of people simply underestimated the amount of savings they'd need.
In a recent Nationwide survey, older Americans were asked to point out what advice they'd give to their younger selves in the context of retirement planning. A good 23% had one telling thing to say.
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Source Fool.com
