Financial horror stories about retirees running out of money during their golden years are unfortunately all too common. Many people underestimate how much their retirement lifestyle will cost them, putting them in a difficult position late in life.
However, some retirees do the opposite, overestimating how much they’ll need to cover their expenses. We asked several certified financial planners (CFPs®) about the types of expenses retirees most often overestimate. Keep reading to see what they had to say.
