Many retirees find themselves financially stressed once their careers come to an end, and it's easy to see why. First, as a retiree, you've given up the paycheck you once relied on for income. And you may now be living on less money than you were while you were working.

Also, a lot of the expenses you incur in retirement are ones you can't control. If your health starts to fail, you'll risk getting stuck with expensive medical bills. And if your home needs repairs, you may have no choice but to shell out the money for fixes.

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Source Fool.com