Retirees’ Anti-Bucket List: 10 Experiences You Don’t Want

Your retirement bucket list is no doubt packed with fun stuff, so let’s discuss how to help ensure you don’t get blindsided by things that could be prevented.

An older man sits on a park bench alone, facing away from the camera.
(Image credit: Getty Images)

About 10,000 people retire each day with dreams of the future and a bucket list full of items to check off. Unfortunately, many retirees may encounter hardships that, had there been proper preparation, could have been avoided. No one can predict your future health conditions, financial markets, tax rates and so forth. But, with a well-structured comprehensive plan, you can move into a better-prepared position for the emotional, physical and financial fluctuations that retirement may bring.

With over a decade of experience in retirement planning, I wanted to share my retirement anti-bucket list, featuring 10 common blind spots that you probably do not want to experience as a retiree. These potential problems can significantly disrupt a well-intended retirement and its associated financial plan. I hope that you do not encounter any of the following issues during your retirement. If you do, I hope that you are prepared accordingly. Let’s begin.

Subscribe to Kiplinger’s Personal Finance

Be a smarter, better informed investor.

Save up to 74%

Sign up for Kiplinger’s Free E-Newsletters

Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.

Profit and prosper with the best of expert advice - straight to your e-mail.

Sign up

This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

To continue reading this article
please register for free

This is different from signing in to your print subscription

Why am I seeing this? Find out more here

Mike Decker, NSSA®
Author, Wealth Planner and Money Manager, Kedrec LLC

Mike Decker is the author of the book How to Retire on Time, creator of the Functional Wealth Protocol, and the founder of Kedrec, a Registered Investment Advisory firm located in Kansas that specializes in comprehensive wealth planning and management at a flat fee. He specializes in creating retirement plans designed to last longer than you™, without annuitized income streams or stock/bond portfolios. In addition to helping people achieve their financial goals, Decker continues to act as a national coach to other financial advisers and frequently contributes to nationally recognized publications.