Many US retirees above 65 are on a fixed income and are dealing with stress, figuring out how to stretch their retirement savings for the remainder of their lives.
Some retirees claim Social Security too early and get locked into reduced monthly checks. The top reasons for early claims are financial and health-related concerns. At the same time, many fail to save adequately in their 401(k)s or cashed out prematurely during their working years.
