By Catherine Brock, The Motley Fool, June 28, 2022
The best advice you can get about preparing for retirement might be from those who’ve already done it: retirees.
In a new study from the independent Employee Benefit Research Institute (EBRI), called Retiree Reflections (PDF), retirees share insights about their past financial decisions and current financial worries like inflation.
For instance, more than two-thirds (70%) of surveyed retirees regret not starting to save for retirement earlier. You might be able to use these insights to improve your retirement plan and head off some financial stress in your senior years.
Read on for three retirement plan action items inspired by real-world experience.
Editor’s Note: Read more, see link below for original item…