Part 7/10:
Social Security's future viability is uncertain, and younger generations might not guarantee its availability by the time they reach retirement. Therefore, they must proactively save and invest for their future while acknowledging the potential regrets of older generations.
Regrets Among Current Retirees
Surveys indicate that a staggering 76% of retirees wish they had saved more for retirement. Many highlight the regrets of not having enough knowledge or support regarding savings and investment strategies during their working lives. As such, it’s crucial for today's workforce to take ownership of their financial education, seeking information and resources proactively.