Part 8/10:
Common regrets also include dealing with debt, where half of all retirees acknowledge debt has hindered their ability to save effectively.
The message here is clear: starting early, saving consistently, and minimizing debt play critical roles in ensuring a smoother transition into retirement.
The Importance of Financial Education
Despite the availability of financial education programs offered by many employers, there exists a gap in employee participation. Those who truly need these programs often overlook them, due to ignorance or neglect.