Avoid Retirement Planning Mistakes

Avoid Retirement Planning Mistakes

At all costs, major retirement planning mistakes can and should be avoided just like Caffeine. Caffeine? Yes, caffeine! Hang in there with me for a minute and you will understand what I’m talking about. When done properly, the process of retirement financial planning should greatly reduce the potential for costly mistakes during retirement.

As a veteran in the wealth management industry for more than 20 years, I have witnessed numerous financial mistakes that retirees have made.

Usually however, many of the mistakes are actually made before someone retires. Just this morning I received an email from a 19 year old who stated that he is ready to begin saving for his future. My initial reaction was to commend him for having a genuine concern about saving for retirement at the young age of 19.