Retirement Planning: The One Obstacle Retirees Are the Least Prepared For
There are lots of financial goals to plan for in life. At the top of almost every investor's list is retirement planning. An ocean of ink has been spilled detailing our nation's financial inability to adequately prepare for a comfortable retirement. Though, on some level, this has always been the case, the problem cannot be denied -- the average American is woefully underprepared for life after retirement.
Yet once folks do enter retirement, the challenges they face are almost never talked about. Sure, we like to focus on a loss of steady income as the most noticeable change to expect, but a recent study by Merrill Lynch and Age Wave says there's a lurking variable that's not getting nearly enough attention.
In the following video, Motley Fool contributor Brian Stoffel talks about what this variable is, and some unique ways to go about preparing for it.
In the middle of retirement planning? Don't forget about Social Security!
Social Security plays a key role in your financial security. In our brand-new free report, "Make Social Security Work Harder For You," our retirement experts give their insight on making the key decisions that will help ensure a more comfortable retirement for you and your family. Click here to get your copy today.
The article Retirement Planning: The One Obstacle Retirees Are the Least Prepared For originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.