Top Financial Regrets and Lessons from Baby Boomers on Retirement Investing

Many older Americans regret not being better prepared financially for retirement, with common themes including a lack of investing knowledge, starting to save too late, and not having a long-term financial plan. Some respondents to a Business Insider survey expressed regret over not hiring financial advisors, making expensive purchases, or taking Social Security too early. Unexpected life events like health issues or job loss further complicated their financial situations. The article highlights the importance of early and informed financial planning to avoid such regrets.