The 20 Biggest Financial Mistakes Retirees Make


Most of us can’t wait until the day that we are able to retire. What many individuals do not take into consideration is that retirement is not a stage in life to take lightly. One must plan ahead wisely to have enough money saved to last them the rest of their lives. It’s easy to put off thinking about it, but when the time comes, if you are not adequately prepared you might end up without any savings putting yourself in a position of having to continue working.

It is best to start planning as early as possible to avoid any pitfalls. Below is a list of mistakes that are commonly made by retirees.   With a bit of careful planning, you will be able to achieve your goals by using a good strategy to enable you to have financial freedom when the time comes to end your career.  However, here are the typical financial traps you must avoid in able to enjoy retirement…