20 Retirement Mistakes That Many People End Up Regretting Later

Misjudging Your Retirement Expense

One of the most frequent mistakes retirees make is underestimating how much they will need. While work-related expenses might decrease, costs such as healthcare, home maintenance, and travel often rise.

A 65-year-old couple retiring in 2023 will likely spend around $315,000 on healthcare, according to Fidelity. These rising expenses can be a shock if you have not prepared for them.