What are the Common Challenges in Retirement Planning for Nurses?
1. High Student Loans: Many nurses graduate with significant student loan debt, which can delay saving for retirement. 2. Irregular Work Hours: Nurses often work irregular hours, making it challenging to maintain a consistent savings plan. 3. Burnout: The physical and emotional demands of nursing can lead to burnout, potentially pushing some to retire earlier than planned. 4. Healthcare Costs: Rising healthcare costs can consume a significant portion of retirement savings.
