Retired in America

Your Guide to a Confident Retirement

  • Home
  • Personal finance
  • Retirement Life
  • Saving & Spending

8 Reasons Your Retirement Will Be Tougher Than You Expect

September 7, 2020 · Personal finance

2. Seniors can’t shake recent tough times

Nowadays we think of the Great Recession as a long past financial disaster, but let’s remind ourselves that men and women in their 50s and 60s have been hit incredibly hard, and some might not have recovered at all since then!

Everything from investment savings to home values plummeted, a great number of people lost their livelihoods and have been struggling to get back on track ever since with varying degrees of success.

The solution? Put your pride away that and get help however you can. You shouldn’t think about it as charity but rather as doing your best to ensure that your retirement is comfortable. Try contacting a bankruptcy attorney through the National Association of Consumer Bankruptcy Attorneys or a credit counselor through the National Foundation for Credit Counseling nonprofit organization.

More often than not, those who try to work through their financial problems on their own won’t get very far! It’s OK to ask for help every now and then.

Related: 13 Affordable Products for a Better Night’s Rest

Pages: 1 2 3 4 5 6

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

Latest Posts

  • 20 Top-Rated Neighborhoods for Retirees in 2026
  • Best Places to Retire in the USA in 2026 (Affordable, Safe & Tax-Friendly Picks)
  • 6 Important Changes to Social Security Benefits in 2026
  • How To Pay Your Taxes With Your Credit Card in 2022
  • 8 Ways To Avoid Retirement Poverty
  • 13 States Where Your Freedom Is Respected
  • 18 Places Where Social Security Is More Than Enough
  • 7 Ways To Budget Your Groceries in Retirement
  • 14 Retirement Cities With Awful Weather
  • 11 States With the Best/Worst Social Security Checks in 2022

Newsletter

Get retirement planning tips, savings strategies, and lifestyle insights delivered to your inbox.

Related Articles

7 Important Changes to Social Security in 2022

Beneficiaries are getting their biggest “raise” in nearly four decades  Beneficiaries are getting their biggest…

Read More →

11 Ways to Improve Your Finances Before You Retire

Figure Out What Retirement Means to You If you’ve already begun saving for your retirement…

Read More →

12 Best States to Retire in 2021

Florida It may come as no surprise that Florida continues to remain in the top…

Read More →

9 Retirement Statistics That Will Help You Prepare Your Nest Egg!

1. Outliving savings is a strong possibility Have you thought about the possibility of outliving…

Read More →

Should the Rich Fix Our Social Security?

Understanding the Payroll Tax Rate and Cap In order to understand how we’ve gotten to…

Read More →
Defined contribution retirement plans in the private sector

25 Tips to Boost Your 401(K) Now!

1. Get Out of Debt Many people try to juggle their debt and 410(k) contributions…

Read More →

12 States That Tax Social Security Benefits

Colorado For some beneficiaries that are younger than 65, Social Security benefits that are up…

Read More →

14 Ways to Make Your Money Last in Retirement

1. Start Budgeting Early We know, it’s not what you want to hear but what…

Read More →

10 Stimulus Check Details That Are Crucial for Social Security Recipients

You Can Track the Status of Your Stimulus Check Instead of nervously waiting for your…

Read More →
Retired in America

Your Guide to a Confident Retirement

Inedit Agency S.R.L.
Bucharest, Romania

contact@retiredinamerica.com

Trust & Legal

  • About Us
  • Editorial Policy
  • Advertiser Disclosure
  • Frequently Asked Questions
  • Disclaimer
  • Terms and Conditions
  • Privacy Policy
  • Subscribe
  • Unsubscribe
  • Contact Us

Categories

  • Personal finance
  • Retirement Life
  • Saving & Spending

© 2026 Retired in America. All rights reserved.