What do people regret the most when they retire?

Published On Jan 4, 2025, 10:30 AM

Many retirees share common regrets concerning their financial preparation for retirement. Key areas of regret include not saving enough or starting early; claiming Social Security benefits too soon; retiring with significant debt; retiring sooner than planned; and failing to adequately plan for the transition into retirement. A study found that more than 80% of workers over 45 wish they had taken retirement savings more seriously. Despite these regrets, retirees generally report satisfaction with life after leaving the workforce, indicating they often enjoy close relationships and pursue hobbies more actively than anticipated.