Retirement is the beginning of something new, according to the results of an Empower Institute survey.
And that something new includes spending time with family and friends, traveling, volunteering, and - yes - even working, according to Rethink, Rewire, Retire.
But that “something new” also includes some fears and some questions.
In fact, 46% of near-retirees and 47% of retirees responding to the Empower’s survey said “what kind of unexpected expenses will I come across?” is the biggest question they have/had about retirement.
Well, it’s a reasonable fear/question given that many retirees do indeed face unexpected expenses, typically home repairs, medical and dental expenses, and family emergencies.
So, what’s the best way to plan for such expenses? Well, having a plan is a good place to start.
Watch the video above to find out more!
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