13 of the Biggest Retirement Regrets Among Seniors

By Raechel Conover

Failing to Plan for a Spouse's Death

Sadly, as you get older the chances of losing a spouse increase. Many people are in denial and don't plan for this major life event. "When one spouse passes away before the other, life, income, and taxes change. So, a plan needs to be in place should this happen to you," says Michael Foguth, founder of Foguth Financial Group. A financial planner will be able to help you get a plan in place should this happen.