Friday, December 9, 2011

The Good News About Retirement

With all the concern we hear over people who are planning and preparing for their retirement, it's nice to learn that, once you get through all that strife, people who reach retirement are pretty darn happy to be there. More than three-quarters of all retirees say they are happier now that they've retired, according to a survey from The Hartford and the MIT AgeLab. Significantly, that figure is much higher than the 64 percent of working folks who say "I will be happier after I retire." In other words, retirement is even better than most people expect it to be.

In a similar finding, 27 percent of the retirees described themselves as feeling "peaceful." A slightly smaller percentage of pre-retirees described themselves as "hopeful" about their retirement.

The biggest regret among retirees? No one answer stood out, although the most-cited answer, named by 32 percent of the respondents, was that they wish they had been better prepared financially for their retirement. It's never too late - or too early - to get started on those preparations.

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