Friday, April 19, 2024 at 9:23 PM
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Retiree fears becoming a burden

It’s human nature to want to make things easier for our loved ones – and to have great concern about adding any stress to their lives. In fact, 72 percent of retirees say that one of their biggest fears is becoming a burden on their families, according to the Edward Jones/Age Wave “Four Pillars of the New Retirement” study. How can you address this fear?

It’s human nature to want to make things easier for our loved ones – and to have great concern about adding any stress to their lives. In fact, 72 percent of retirees say that one of their biggest fears is becoming a burden on their families, according to the Edward Jones/Age Wave “Four Pillars of the New Retirement” study. How can you address this fear?

First, don’t panic. In all the years leading up to your retirement, there’s a lot you can do to help maintain your financial independence and avoid burdening your grown children or other family members. Consider these suggestions:

• Increase contributions to your retirement plans and health savings account.

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