Search results for: individuals must rely on their savings. Many don't have access to retirement plans through work. Longer Lifespans: Increased life expectancy means retirees need more savings to support themselves throughout retirement. This can be challenging for those with limited savings. Inflation: Rising living costs can erode the purchasing power of retirement savings. People underestimate the impact of inflation on their retirement income. Healthcare Costs: Medical expenses in retirement can be substantial. Without proper planning

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