“Retirement saving delay is biggest financial regret,” by Lois A. Bowers, McKnight’s Senior Living

“Seventy-six percent of respondents to consumer financial services company Bankrate’s May Financial Security Index survey said they have financial regrets, and not saving for retirement early enough was the most commonly cited financial regret. The regret was stronger as participants got older.”

 

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Not saving will probably remain their biggest regret … until they need LTC insurance and don’t have it.