Many American seniors worry they haven’t saved enough for a comfortable retirement, and recent data supports this concern. According to a CBS News report, over half of American retirees risk running out of money as they face rising costs in healthcare, housing, and daily expenses. For those close to retirement, building a solid financial plan has never been more crucial.

One helpful approach is asking yourself three essential questions, as highlighted by CNBC: How much do I need? What will my income sources be? And can I handle unexpected costs?

These questions encourage thoughtful planning that can help identify gaps in savings and prepare for life’s surprises.

By facing these financial questions early and adjusting your plan as needed, you can work towards a retirement that offers stability and peace of mind.

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