#3: “If I Start Running Low on Money, I’ll Get Another Job”
Two-thirds of retirees say they plan to work, whether to supplement their Social Security income or to occupy a sudden abundance of free time.
However, most older adults struggle to find stable employment opportunities, in part because many companies prefer hiring younger workers.
#4: “Medicare Is an Affordable Alternative to My Old Employer-Sponsored Plan”
California may offer robust Medicare benefits, but standard coverage scarcely covers half the average retiree’s annual health costs.
Furthermore, Medicare does not always provide benefits for long-term care or in-home health aides—necessary expenses that can cost tens of thousands of dollars each year.
#5: “I Won’t Spend as Much Money in Retirement”
Contrary to popular belief, spending typically increases after retirement—especially among retirees who enjoy travel or staying active.
