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Hopefully, youve saved and invested enough throughout your career so thatyou dont have any financial worries.
Approximately 4.1 million Americans are slated to turn 65 this year and every year through 2027.
With so many Americans entering retirement every day, a lot of them carry regrets.
Its never good to have regret in life, especially when youve come this far.
Here are the 10biggest regretsof most retirees that youll want to be aware of,according toGOBankingRates.
Its arguably one of the best leisure activities you might partake in.
Be sure to travel within your means to avoid debt.
But, maintaining an expensive vehicle during retirement can burn a hole in your wallet.
A larger home means more maintenance and higher costs overall.
Eating Out at Restaurants Too Frequently
Dining out is fun, enjoyable and delicious.
Its also far more expensive than buying groceries and cooking at home.
If youre a retiree, give a shot to curb your spending at restaurants, bars and cafes.
Your wallet will thank you.
Be sure to carefully consider all aspects before deciding to relocate.
Not Having Enough Home Equity
Building home equity over many years can be a crucial wealth-building tool.
Closing costs, which includereal estate agent commissions, can be up to 6% of the sale price.
You might wish you hadnt gotten rid of them later on.
Not Traveling Enough
While some retirees regret traveling beyond their means, others regret not traveling enough.
Theres a whole world out there to explore, and youre not getting any younger.
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