If you’re like most Americans, your retirement concerns are focused around four key areas: paying for healthcare, saving enough money, maintaining an income stream in retirement and having too much debt. To increase your chances of building a sustainable retirement, you can learn more about healthcare expenses in retirement and make plans for how to pay for them as well as getting a handle on how much money you will need in retirement overall and maximizing your savings opportunities while you are still working. You can close any potential gap in your retirement savings by working a few years longer and waiting to claim Social Security until you are at your full retirement age. Finally, consulting with an experienced retirement income planner or credit counselor may help you figure out how to pay off as much of your debt as possible before you retire.

Bank of America Better Money Habits

https://bettermoneyhabits.bankofamerica.com/en/retirement/top-retirement-concerns