Drinking too much: One more retirement worry you didn’t need

Retirees and those approaching retirement have been in the cross hairs lately.

They are drastically under-saved for retirement, their marriages are breaking up, their health care costs are expected to soar, and a recent study showed that they are more likely to engage in “risky alcohol consumption.” Although, against that backdrop, who can blame them?

The study of 5,800 employees in Finland who had retired due to age, found that 12% of retiring workers increased their risky drinking at the time of retirement. Risky drinking was defined as 24 units a week for men and 16 units for women, or passing out due to extreme alcohol consumption.

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