Many Americans tend to “oversave” for retirement, leading them to make sacrifices during their working years.
Financial experts recommend finding a balance between saving for the future and enjoying life to avoid regrets later on.
This forms part of an ongoing series focusing on the regrets of older Americans.
At 70, Joshua Winston had meticulously planned for retirement: he built two successful veterinary clinics, invested wisely, and lived modestly.
However, just a week after retiring in May, he received a cancer diagnosis. Now, Winston wishes he hadn’t worked such long hours throughout his career, missing out on vacations and romantic evenings.
Winston is among the respondents in a Business Insider survey who feel they worked excessively hard or focused too much on saving for retirement at the expense of family time, travel, or other leisure activities…
2024-12-28 12:30:02
Source from finance.yahoo.com