Many seniors, or even younger Americans, are afraid to retire. While not as terrifying as aerophobia (fear of flying), as common as nomophobia (fear of being without your phone) or as unnerving as coulrophobia (fear of clowns), fear of retirement is a real phenomenon for millions of older Americans. Take heart, though; there is still hope for a happy retirement.
If you’re behind on savings, the fear is probably warranted. But even if you’ve accumulated a substantial nest egg, the thought of going without a regular paycheck can be scarier than a roomful of circus clowns.
