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Nearly half of Americans aged 60 and older can't afford their daily needs, the National Council on Aging estimates. Over 3,800 older Americans reached out to Business Insider to share their financial regrets and the lessons they wish they had learned earlier. Six shared advice on saving, investing, and preparing for retirement. Updated 1/27/25: BI reporters worked with participants to refine their letters for clarity and to ensure key quotes and details from their interviews were included. MORE BUSINESS INSIDER VIDEOS: The Evolution Of Musk And Trump's 'Bromance' | Business Insider • The Evolution Of Musk And Trump's 'Br... The Billionaire Trying To Live Forever | Life Extended | Business Insider • The Billionaire Trying To Live Foreve... You're Being Lied To About Ozempic | Truth Complex | Business Insider • You're Being Lied To About Ozempic | ... 00:00 - Dear Younger Self 00:49 - "Save Money And Invest In A Roth IRA Or 401(k)" 02:21 - "Don’t Pile Up Debt" 04:36 - "Prioritize Your Health" 05:54 - "Don’t Retire Early" 08:29 - "Pursue A Career You’re Passionate About" 10:12 - "What We Did Right" 11:53 - Credits ------------------------------------------------------ #money #personalfinance #businessinsider Business Insider tells you all you need to know about business, finance, tech, retail, and more. Visit our homepage for the top stories of the day: https://www.businessinsider.com Business Insider on Facebook: / businessinsider Business Insider on Instagram: / businessinsider Business Insider on Twitter: / businessinsider Business Insider on Snapchat: / 5319643143 Business Insider on TikTok: / businessinsider Money Lessons From Older Americans Who Learned The Hard Way | Business Insider