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Empty Nesters Beware: Avoid This Costly Retirement Pitfall

SmartAsset
Summary
Nutrition label

77% Informative

A recent study from the Center for Retirement Research at Boston College shows that many parents may not be keeping up with their retirement savings goals after their children leave home.

The study suggests a number of reasons why empty-nester parents neglect retirement savings, including the fact that such parents tend to work slightly less.

A financial advisor can help keep you on track when it comes to retirement saving goals.

SmartAsset has seen a 25% year-over-year jump in assets and a 6% jump in total accounts.

The financial burden and stress of raising a family can often make saving for retirement seem like more of an afterthought.

A financial advisor can help you with the various aspects of your retirement, from Social Security to income streams.

VR Score

71

Informative language

66

Neutral language

65

Article tone

informal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

long-living

External references

25

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