76%. That's how many retirees said they regret not saving more money according to a recent study.

I've worked closely with hundreds of retirees and analyzed survey responses from thousands more,

and I've noticed an interesting and compelling pattern. Their deepest regrets have nothing to do with financial shortfalls.

Instead, their regrets revolve around critical aspects of retirement

that impact their sense of purpose, independence, and fulfillment. Yet many fail to consider

them until it's too late. I can't stop thinking about this quote from former President Richard Nixon

introduced to me in Nick Majuli's new book, The Wealth Ladder, which says, quote, to me, the unhappiest people

of the world are those in the international watering places like the south coast of France and Newport

and Palm Springs and Palm Beach, going to parties every night, playing golf every afternoon,

then bridge, drinking too much, talking too much, thinking too little, retired with no

purpose. While I know there are those who would totally disagree with this and say, gee, if I could

just be a millionaire, that would be the most wonderful thing. If I could just not have to work every

day, if I could just be out fishing or hunting or playing golf or traveling, that would be the

most wonderful life in the

world. Those people don't know life because what makes life mean something is purpose,

a goal, the battle, the struggle, even if you don't win it. Nixon emphasizes an important

truth that financial freedom alone does not guarantee happiness. And while the three

retirement regrets that I'm going to share with you today might seem purely financial,

hopefully you'll be able to see how they directly influence your ability to find purpose,

maintain independence, and experience genuine satisfaction in retirement.

Welcome to another episode of the Stay Wealthy Retirement Show.

I'm your host Taylor Schulte, and every week I tackle the most important financial

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