A new survey by the Certified Financial Planner Board of Standards showed 58% of Georgians believe it will be difficult to retire on time.
Mark DiGiovani, a Financial Planner in Atlanta, said the only expenses you won't need to plan for during retirement are the costs of going to work and don't forget about inflation.
"Even if you're talking about modest inflation of about 2% - 3% per year, your cost of living could be double of what it was on the day you retired," he explained.
He said to also expect your medical expenses and your energy expenses to rise even more than standard increases in inflation.
Two-thirds of those surveyed reported less than $100,000 in household financial assets, not counting their home.