Even for people who have been very responsible with their money over the years, entering retirement can still be a challenge because it’s such a different stage of life. Let’s discuss some of the areas where savers might make a few missteps so you’ll be better prepared in retirement.
On this episode:
0:17 – What we’re talking about on this show and why.
1:00 – First mistake: Too much in cash.
4:45 – Next mistake: Taking on too much risk.
6:43 – Next mistake: Not being prepared for the ticking tax time bomb.
9:14 – Final mistake: Savers don’t spend enough.