Let go of instant gratification. Jerry Niemiec learned this early. Nobody wants to look down the road. Lamkins notes that people are living longer, which in turn has changed the face of retirement. Innovations in medicine are not without their own set of drawbacks, according to Lamkins.
Women are likely to outlive their husbands.
It's a real fear that leaves many female retirees in dire straits because healthcare and finances are often linked to their husbands. They didn't have their own retirement plans. But, Lisa Lamkins of the AARP admits that everything goes back to health. Take care of legal affairs and let your family know what your wishes are. Then, you can be out enjoying your retirement.