Retiree and baby boomer retirement concerns

• 25%: Approximate percentage of boomers and retirees who wish they had started saving earlier.
• 16%: Percentage of boomers and retirees who feel they did everything right leading up to 27%: Percentage of boomers and retirees who feel they underestimated health care costs during retirement planning.
• 18%: Percentage of retirees who wish they had received more financial education before planning for retirement.
• 33%: Approximate percentage of retirees who wish they had focused on creating income that would last a lifetime.
• 19%: Percentage of retirees who wish they had relied on personal savings rather than Social Security or pension plans.
• 41%: Percentage of women worried about running out of money in retirement, compared with 34% of men.
• 70%: Percentage of those concerned about running out of income who would go back to work after retirement.
• 5%: Percentage of people who said they would look to a financial advisor for counsel if they ran out of money in retirement.

Source: Lincoln Financial Group