Most workers look forward to leaving the rat race to pursue new interests, travel and spend more time with family and friends. But as retirement draws nearer, many Americans find themselves mulling over common fears.
“Rampant inflation, longer life expectancies and an unfavorable sequence of returns are all real variables that can impact an initial financial plan,” said Chris Buoncore, a senior wealth advisor and managing director at MAI Capital Management in Cleveland, in an email.
Here are some of the most common retirement fears shared by pre-retirees and how to address them.
This post originally appeared at U.S. News & World Report.