When planning for retirement, health care is often not even on the list of considerations. Mr. Coughlin says people often make the mistake of planning for themselves today, not the people they will become later in retirement. “Having money is great,” he says, “but unless you have those additional services to enable you to live well, then that’s not necessarily a good retirement. Appeared in the November 13, 2017, print edition as 'Where Should You Live in Retirement? The Mental Mistakes We Make With Retirement Spending The mind-set and habits that work so well when people are building their nest egg can damage their quality of life—and investments—in retirement.

Source: Wall Street Journal November 13, 2017 03:11 UTC