Equipping Points:
Building a successful retirement requires careful planning and wise decision-making. Unfortunately, it’s all too easy to undo all of that hard work by falling prey to common pitfalls. Rather than risking the enjoyment and security of your golden years, we’ll discuss some ways to avoid these mistakes and secure your financial future in this episode.
When you get to retirement, you want to be able to enjoy it. Consider the things you want to do with your time and how you can remain active and involved. Retirement doesn’t solve all of your problems, but it can be a new chapter of life to look forward to. By planning ahead and taking steps to stay fulfilled, you can make the most of this exciting new chapter in your life.
Here are ways you can easily ruin your retirement (and what to do instead):
- Treating retirement as a destination. 1:12
- Believing that retirement will solve all your problems. 3:33
- Quit being active. 6:08
- Assuming your spending habits will be the same or lower. 8:04
- Investing like you’re 35 when you’re 65. 10:19
If you have any questions about what we discussed on the show or want to follow up with any financial planning questions of your own, get in touch with us and schedule a visit here.
Today’s Takeaway:
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