6 Big Money Mistakes in Retirement Planning
Manage episode 366175781 series 2709707
In the complex world of retirement planning, there are countless pitfalls one could face. Today we're sharing six of the top mistakes to watch out for. Avoiding these crucial missteps can have a significant impact on the success of your retirement plan.
As you listen, take note if you are making any of these mistakes. Are you taking investing advice from friends and family? Are you relying solely on your company’s retirement plan? No matter the problem, we’ll help you recognize the errors and talk about how to correct them. Join us as we delve into these key issues and learn how to navigate them effectively when it's your turn to plan for retirement.
Here's what we'll talk about on today's show:
- Mistake: Taking advice from friends and family about investing. (3:27)
- Mistake: Relying solely on your company’s retirement plan. (6:59)
- Mistake: Not adjusting your retirement budget for inflation. (8:52)
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