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.