Many older Americans expressed regret over relying too heavily on government programs for their financial wellbeing, highlighting the need for better planning and personal savings.
The message from retirees was clear: the benefits of federal programs like Social Security and Medicare are insufficient, prompting many to wish they had saved more.
As the US population ages, voices of retirees are raising concerns about the viability of federal support programs, necessitating immediate dialogue about potential reforms.
Despite improvements in poverty rates among older Americans, a significant number still feel unprepared for retirement, indicating the urgency for enhanced retirement planning and policy.
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