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We heard from 1,000 older Americans: Here are some of their biggest regrets

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Summary
Nutrition label

89% Informative

More than 1,000 older Americans shared their biggest regrets in life with Business Insider .

These included not saving enough for retirement and taking Social Security benefits too early.

The median 55-year-old has less than $50,000 in retirement savings, according to a Prudential survey.

Americans can collect Social Security as early as age 62 , though benefits are reduced until reaching the full retirement age of 66 or 67 .

Over two dozen respondents said they claimed Social Security too early and received less money each month than if they had waited until 70 to collect more.

Dozens said they should have been more aggressive during their careers to secure higher-paying roles.

VR Score

92

Informative language

91

Neutral language

77

Article tone

informal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

21

https://news.prudential.com/latest-news/prudential-news/prudential-news-details/2024/2024-Pulse-of-the-American-Retiree-Survey/default.aspxhttps://news.gallup.com/poll/648773/why-americans-pleasantly-surprised-retirement.aspx#:~:text=today%20in%20retirement-,Bar%20graph%20comparing%20the%20percentage%20of%20Americans%20aged%2045%2D60,report%20living%20comfortably%20(79%25).https://www.businessinsider.com/millennial-looking-job-cant-get-hired-college-degress-entry-level-2024-7?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/save-enough-now-to-retire-in-ten-years-2024-04?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/laid-off-6-times-cant-find-job-50s-retirement-worry-2024-7?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/older-americans-regret-retirement-savings-taking-social-security-early-investments-2024-10https://www.ncoa.org/article/addressing-the-nations-retirement-crisis-the-80-percent-financially-struggling/https://www.businessinsider.com/personal-finance/investing/how-much-do-i-need-to-retire?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/baby-boomers-gen-z-sick-days-time-off-work-regret-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/truth-promotions-companies-picking-managers-wrong-new-study-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/social-security-benefits-loopholes-mean-teachers-police-get-less-retirement-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/boomer-retired-early-social-security-medical-costs-diabetes-savings-pension-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/relocation-regret-biggest-mistake-lesson-2024-4?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/personal-finance/student-loans/is-college-worth-it?utm_medium=referral&utm_source=yahoo.comhttps://businessinsider.com/private-college-scholarship-waste-of-time-trap-strategies-financial-aid-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/uber-lyft-retirement-social-security-worth-it-tips-minimum-wage-2024-7?utm_medium=referral&utm_source=yahoo.comhttps://docs.google.com/forms/d/e/1FAIpQLScB-4a6dV6jak2g6t-CoOdxFIENDSZggxHVbvsz6ry4dGoUjg/viewform?usp=sf_linkhttps://www.businessinsider.com/retirement-boomer-couple-cant-survive-social-security-pension-living-costs-2024-8?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/gen-xer-cant-find-job-unemployment-degree-useless-hiring-remote-2024-9?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/received-250000-inheritance-regret-how-spent-it-2024-8?utm_medium=referral&utm_source=yahoo.comhttps://www.businessinsider.com/personal-finance/investing?utm_medium=referral&utm_source=yahoo.com

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