There's 1 big reason millions of retirees secretly struggle in America — it’s not because they don’t have enough money

Photo: Pressmaster/Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. What is the major fear preventing retirees from enjoying retirement? Depleting their savings. The average American between the ages of 65 and 74 had about $609,000 in retirement savings, according to the most recent survey by the Federal Reserve. Moreover, a solid 79% of retirees between the ages of 65 and 80 say they have enough money to live comfortably in retirement, according ...