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GOBankingRates
Featured: Nasdaq.com
By Cameron Huddleston
Published: October 20, 2017

Here are 14 downsides of retiring that no one talks about, along with solutions to avoid each potential problem. If you haven’t properly prepared for leaving the working world and living without a paycheck, you’ll have to face the ugly truths about retirement.

If you don’t plan what you will do with your extra time in retirement, you could become depressed and may end up spending more than you planned in an attempt to fill your time, said Byrke Sestok, president of Rightirement Wealth Partners in White Plains, N.Y.

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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. Third party individuals and entities mentioned in the article are not affiliated with IFP, Rightirement Wealth Partners or LPL Financial.

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