Common Pre-Retirement Concerns
As a working man, you may get to retirement age feeling like it is a rest well earned. However, reality can set in and you may start to panic or stress about how you will manage financially when you stop working. This is a legitimate concern among most pre-retirees and it is worth addressing, particularly if you have had to stop working involuntarily. What concerns do working males normally have about retirement?
Many are concerned about:
- Keeping up with living costs
- Entitlement to social security benefits
- Running out of money
- Meeting health insurance costs
- Paying the mortgage
- Paying debts
- Unforeseen expenses
Many males are also concerned about planning expenses for end of life, which can be stressful, daunting and expensive. There are many decisions to make as a pre-retiree and it may affect your health adversely if you do not get some help to prepare and cope with the stresses involved.
Click here for more details on the main financial concerns of pre-retirees.