Many Americans are unsure about their financial futures due to market volatility and rising living costs. About 40% doubt they’ll have enough income to retire, like Carrie, who now questions her retirement timeline due to high healthcare, housing, insurance, and utility costs (1,2).

A record number of Americans are set to turn 65 in 2025, amid economic uncertainty fueled by policy changes like tariffs and impending Federal Reserve chair appointment (3,4,5). Social Security benefits will rise in 2026, but higher Medicare costs may offset the increase (6,7).

To navigate retirement uncertainties, focus on what you can control, like bond investments. Shorter-term bonds like Treasury bills offer stability, while municipal bonds provide tax advantages. Maggiulli advises retirees to prioritize peace of mind by focusing on the controllable aspects of their financial plan (8).

Read more at Yahoo Finance: Retirement plans are unraveling for older Americans. Nick Maggiulli shares the trick to save your nest-egg