5 Retirement Regrets I Hear Most (4 Aren’t About Your Portfolio)

Most retirement regrets have nothing to do with your portfolio. Learn why 4 out of 5 retirees struggle with finding purpose after their career ends. ========= 🗓️ WORK WITH US: https://www.covenantwealthadvisors.co... ========= Many people focus exclusively on the financial side of retirement planning, such as maximizing an IRA or managing Social Security. However, data shows that 31% of retirees face significant difficulty adjusting to a life without a daily professional identity. This video breaks down the common emotional hurdles you might encounter when you stop working. By understanding these retirement regrets now, you can prepare for the non-financial transition ahead. We look at the reality of life after work, moving beyond the bank account balance to address the psychological shift required to maintain your mental well-being and sense of fulfillment. ▶️ RELATED VIDEOS • How Much Should You Spend on Travel in Retirement? —    • How Much Should You Spend on Travel in Ret...   • Retirement is Short: Why Your Biggest Fear in Retirement Is Probably Wrong —    • Retirement is Short: Why Your Biggest Fear...   • 5 Reasons to Wait Until 70 for Social Security —    • 5 Reasons to Wait Until 70 for Social Secu...   • 5 Really Good Reasons to File for Social Security at 62 —    • 5 Really Good Reasons to File for Social S...   • Roth IRA Conversion Strategy:    • Roth IRA Conversion Strategy: How to Fill ...   • Retire Happy: The 3 Things That Matter More Than Your Portfolio —    • Retire Happy: The 3 Things That Matter Mor...   CHAPTERS: 00:00 The 5 Biggest Retirement Regrets 00:50 #5: Retiring Without Purpose 02:58 #4: Claiming Social Security Without a Strategy 04:47 #3: Neglecting Your Health 06:30 #2: The Retirement Tax Trap 09:05 #1: Saving Too Much and Living Too Little 10:45 What Should You Spend Money on in Retirement? 11:46 3 Rules for a Regret-Free Retirement 🏛️ ABOUT COVENANT WEALTH ADVISORS Covenant Wealth Advisors (d/b/a Fonville Wealth Management LLC) is a fee-only, fiduciary registered investment advisor with offices in Richmond and Reston, Virginia, serving retirees and pre-retirees who have done a great job saving and now want a plan that brings retirement income, taxes, and investments together. Mark Fonville, CFP®, is the CEO. As fiduciaries, we are obligated to act in our clients' best interests. If you'd like to talk through your own situation, you can request a free retirement strategy session at https://www.covenantwealthadvisors.co... — no obligation. Subscribe for weekly retirement planning breakdowns, and share in the comments: what is one non-financial goal you have for your own retirement? ⚠️ DISCLOSURES This video is for educational and informational purposes only and is not individualized investment, tax, or legal advice. It does not constitute a recommendation or an offer to buy or sell any security. Please consult your own qualified tax, legal, and financial professionals before making any decisions. Any names, dollar amounts, and scenarios are hypothetical and used for illustration only; they do not represent any specific client, and individual results will vary. Tax and Social Security figures reflect 2026 rules and published data as of the dates noted, and are subject to change. Statistics cited are attributed to their sources and reflect the periods and populations those studies measured. Fee-only fiduciary status describes how we are compensated and the standard of care we owe clients; it is not a claim of superior performance or results. Covenant Wealth Advisors is a registered investment advisor; registration does not imply a certain level of skill or training. Subscribe for weekly retirement planning breakdowns, and share in the comments: what is one non-financial goal you have for your own retirement? #retirementplanning #FinancialPlanning #RetirementRegrets #SocialSecurity #RothConversion