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5 Obstacles Retirees Face in 2017

wallstreetexaminer.com / by  • 

This is a syndicated repost courtesy of Money Morning. To view original, click here. Reposted with permission.

In addition to knowing the best investments to make when heading into retirement, it’s also important to know the obstacles retirees face, so you can take steps now to avoid them.

We put together five of the biggest retirement obstacles that can rob unsuspecting retirees of their hard-earned money.

Don’t let your retirement savings get eaten by government intervention or tax consequences. Check out our list to be “in the know” about retiring in 2017.

Obstacles Retirees Face in 2017 No. 5: Not Saving Enough Money

An April 2015 survey done by the Employee Benefits Research Institute found more than one in 10 workers think they’ll need to save at least $1.5 million to retire comfortably.

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