The Main Concern Of Most People Approaching Retirement Is Not Money

“While having enough money to be comfortable – a different standard for everyone – remains important, it’s not the only, or even most important, focus for many.” This was one conclusion in a research study, Discovering What Matters, by MetLife Mature Market Institute. According to Sandra Timmermann, director of the study, “The most content people also focus on the non-financial essentials in their lives, even during difficult economic times.”

Money matters, of course. It is critical to financially plan for your needs and wants for the rest of your life. Regardless of financial status, respondents claimed their goals were primarily meaning-based. Findings indicated older respondents focused less on wealth accumulation and more on health and well-being as compared to younger respondents.