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1 in 7 Older Americans Feel They'll Never Be Ready for Retirement


Retirement is an exciting milestone for many Americans, but a scary one for others. After all, it's hard to go from earning a steady paycheck to suddenly throwing caution to the wind and hoping your savings and Social Security benefits will be enough to sustain you for what could easily be a 30-year period of life or longer. And while you can do your best to plan for your golden years, increases in living costs and other surprises can still render you cash-strapped down the line.

It's not surprising, then, to see that roughly 14% of Americans aged 50 and over are convinced they'll never really be ready for retirement, according to Nationwide. If that's how you feel, here are a few ways to improve your outlook.

IMAGE SOURCE: GETTY IMAGES.

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Source Fool.com


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