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27 ugly truths about retirement

GOBankingRates Logo By Alaina Tweddale of GOBankingRates | Slide 1 of 28: From dealing with unexpected medical costs to supporting adult children, Americans often find themselves facing expenses they weren’t anticipating in their golden years. Plus, it’s harder to save for retirement today than 50 years ago.Over half of Americans plan to continue working after they retire mostly due to health and financial reasons, according to a 2017 report by the Transamerica Center for Retirement Studies. A GOBankingRates survey found many Americans think they’ll never be able to retire.Click through to learn 27 ugly but honest facts about retirement, and get advice on how you can boost your retirement savings now.

Make sure you're not in for a surprise when you retire.

From dealing with unexpected medical costs to supporting adult children, Americans often find themselves facing expenses they weren’t anticipating in their golden years. Plus, it’s harder to save for retirement today than 50 years ago.

Over half of Americans plan to continue working after they retire mostly due to health and financial reasons, according to a 2017 report by the Transamerica Center for Retirement Studies. A GOBankingRates survey found many Americans think they’ll never be able to retire.

Click through to learn 27 ugly but honest facts about retirement, and get advice on how you can boost your retirement savings now.

© JohnnyGreig / Getty Images

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