Retirement Financial Struggles: A Growing Concern

Retirement financial struggles are widespread, with 80% of Americans in their retirement years facing financial difficulties. A Gallup poll reveals that less than half feel confident about retirement income, with 71% of worried individuals describing their concern as at least moderate. Women are more likely to retire without savings, and financial stress can impact mental and physical health. Officials suggest focusing on debt elimination, creating a budget, and exploring income-boosting options post-retirement. Seeking support from doctors, friends, or retirement groups can also help manage anxiety and provide social support during this life transition.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.