New Retirees' Top Regret: Not Saving More Money

Are you retirement-ready?

Many recent retirees say they wish they had saved more before leaving the workforce. Rising living costs, healthcare expenses, and market volatility have made the transition from earning a paycheck to relying on retirement savings more challenging than expected for many Americans.

Jeanne Thompson, Senior Retirement Consultant at LPL Financial, experienced this firsthand after accepting an early retirement package. When markets declined sharply during her first year of retirement, she relied on a well-designed plan and several years of cash reserves to stay the course. Her experience highlights the value of preparation, discipline, and maintaining a long-term perspective when navigating retirement uncertainty.

Read Jeanne Thompson's full article on Yahoo Finance to learn how she managed early retirement challenges and the lessons she believes every future retiree should know.