retirement challenges

Retirement challenges include ensuring enough savings to cover living expenses for potentially decades, managing inflation which reduces buying power, and navigating uncertainties like fluctuating investment returns. Additionally, people may face rising healthcare costs, unexpected expenses, or changes in government benefits. Planning ahead and diversifying income sources are vital, but unpredictable economic or personal circumstances can complicate a secure retirement. Without careful preparation, retirees may struggle financially or experience stress during their later years.