Many older Americans expressed regret over financial preparedness for retirement, citing the need for better savings habits, investment strategies, and emergency funds.
Gary Lee Hayes regretted not investing in stable stocks and saving a percentage of his income, illustrating a common theme of financial inefficiency.
Respondents identified clear themes like hiring financial advisors and having long-term plans as critical gaps in their approaches to retirement savings.
Unexpected life events often highlighted the importance of emergency preparedness, as many wished they had better plans and savings for unforeseen challenges.
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