The Financial Planning Association®—with support from Finance of America—released the 2025 Trends in Retirement Planning survey report, which provides a look at the evolving challenges and priorities shaping retirement.
Based on feedback from 167 financial planners, the report suggests that planners are positive about their clients’ financial readiness, but many are concerned about the emotional and lifestyle adjustments of retirement.
Go deeper: More than half of planners think their clients are financially prepared for retirement, yet just 11 percent think they are emotionally prepared.
- Healthcare expenses top retirees’ worries, surpassing inflation and market fluctuations.
- Forty-seven percent of planners report that their clients’ biggest fear is running out of money in retirement, and 22 percent report it’s their second biggest fear.
What they’re saying: “Seniors currently hold over $14 trillion in home equity. Incorporating some of this equity into a comprehensive retirement plan can help address various concerns retirees and pre-retirees face,” said Steve Resch, vice president of retirement strategies at Finance of America.
- “These can include the risk of outliving their savings and maintaining their desired lifestyle, the top two concerns identified by financial planners.
