Watch Out for These Common Retirement Planning Mistakes


Even if you’ve skillfully planned your retirement, you could be making some errors.

These common retirement planning mistakes are easy to make. For example, how about claiming benefits too late? We know claiming too early can lead to lower payments, but don’t go too far in the other direction.

The reason for this is not because you’ll lose out on them entirely, but because it may require you to tap into your nest egg. By claiming a little earlier, you can keep your money in stocks and other assets that will grow your overall financial well-being.

Many of the tips on the list are situational, so check out the article by the Motley Fool to see if they apply to your lifestyle and retirement plan.


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