5 COSTLY Money Mistakes to Avoid in Retirement Planning and How to Avoid Them

In This Video:

Nobody likes to make mistakes in retirement, especially when you’re no longer receiving a consistent paycheck from an employer. Not only can mistakes can cost you time, money and aggravation, but they can also have a negative impact on your retirement lifestyle.


Things to Consider:

So in today’s video, we’re going to talk about the five big money mistakes when it comes to retirement planning and provide you with some strategies to help you avoid them. While most of these are all too common for people preparing for retirement, the good news is taking the proper actions ahead of time will help you stay on track for your retirement goals.

Here’s some of what we discuss in this episode:

0:00 – Intro

0:56 – Money Mistake #1 – Ignoring future tax implications of your retirement savings.

3:23 – Money Mistake #2 – Starting Social Security too early.

5:13 – Money Mistake #3 – Not having a clear purpose in retirement.

7:49 – Money Mistake #4 – Ignoring healthcare expenses

9:41 – Money Mistake #5 – Being too conservative.


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