A recent “USA Today” national survey asked older Americans about their regrets, and the results often brought the discussion back to an essential of life.
Texas Financial Analyst Bill Dendy says the survey’s results show that “A lot of those regrets center around money and not planning.”
Dendy says those regrets will manifest as a lot more poverty among elderly Americans. “The majority of Americans are not going to have enough money to maintain their lifestyle in retirement, and may find it challenging to make ends meet.”
Dendy adds planning is essential to make the best of what you have. “It’s not too late to start planning, even if you’re at 68 because you’ve got a whole lot of years to go.”