More Scared of Going Broke Than Dying? 9 Ways To Beat Retirement Anxiety

From Yahoo Finance: 2025-05-25 10:01:00

Many fear running out of money in retirement more than death itself, a new study found. Financial experts recommend defining a secure future, creating a plan, and automating savings to beat anxiety. Consider guaranteed income sources like pensions and annuities for stability. Healthcare costs and safe withdrawal rates are crucial factors in retirement planning. Developing good financial habits and working with professionals can build confidence and control. Prioritize safe investments to make money work harder for you and protect your retirement goals. Strategy and consistency are key in navigating a high-cost environment.

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