Here are some of the biggest regrets that retirees wish they had considered before enjoying their golden years.

They would have saved more money.

It may seem like this would be an obvious factor for planning, but it is also one of the biggest regrets felt by retirees. If you have not saved enough money, all of your plans become difficult. One million dollars in a savings account used to be the benchmark for a comfortable retirement, but experts say that today it may not be enough. While you can enjoy retirement with that kind of money, only you can determine what is or is not enough for you. To financially plan for your individual retirement, experts

say that you should plan for much more in health care costs than what you have spent throughout your entire life, as these costs are likely to increase over your golden years. Some estimates state that healthcare expenses for retirees could extend to around $250,000 or more, even if you have lived a healthy lifestyle. Additionally, you should expect the unexpected when it

comes to any financial pitfalls that may occur. Experts say that financial planning should account for both success as well as financial challenges and failures.

They would have stayed in the workforce longer.

Many of us have grown up thinking that there is a magic age for retirement and once we reach that number, retirement is a rite of passage. But once you leave the workforce it becomes difficult to return. Many who left a career return because they could not afford retirement, only to find that they cannot get their previous salary or benefits package because employers are concerned about their age. Unfortunately, those who stay in the workforce longer can

struggle with just as many disadvantages. Although it is illegal to discriminate according to age, many employees between the ages of 55 and 59 are overlooked for promotions and on-the-job training, regardless of education or experience level. However, keeping a job is not always about financial

planning. Many people decide to stay in the workforce for many reasons beyond saving money. Working longer has been shown to keep the mind sharp and to decrease depression. It also helps you maintain an active social life. When considering retirement, all of these factors should be considered while making the decision.

They would be sure to have a plan for their free time.

Books have been written about those who have lost their identity when they retired. Decades of a career tend to give a person purpose. When the job is no longer part of their life and that identity is gone, one can become lost. Also, as creatures of habit, years of a consistent routine become comfortable. When that routine is lost without a plan to replace it, many retirees actually struggle with feeling a lack of purpose. Social connections have been shown to be the difference between a successful transition and an unfulfilling retirement.

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Men especially struggle with this aspect as social connections for guys are often work related. Experts highly encourage taking the time to forge new relationships before retiring. They also encourage finding a new hobby or becoming a volunteer for your favorite charity.

They drew on their social security too early.

Research and study your retirement benefits. From pensions to Medicare, it is important to understand how your financial systems work. Learning when to start using your benefits is crucial. Depending on Social Security straight into retirement could

mean that you miss out on bigger returns if you wait just a few more years. Social Security is meant to be a supplement rather than a main income source, and it was originally designed to cover one-third of your retirement income. Personal savings and a pension were expected to carry you through your golden years. However, since pensions are mostly a thing of the past, financial planning has become more important than ever.

Some people regret not retiring earlier.

While waiting as long as possible can be a benefit, working beyond your ideal age when you are financially able to retire means giving away precious years. While some of us are late in planning our retirement, others have successfully saved and prepared.

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