The 20 Biggest Financial Mistakes Retirees Make

Retiree House Sitter

Taking Advice From Friends And Family

Although they may mean well, family and friends aren’t always the best sources of advice.  The best rule we can tell you is this.  You and you alone are the best person to decide how to handle your money.  If you’re going to take advice, hire a financial advisor who doesn’t have any type of bias whatsoever.

Friends can suggest investment ideas that you should consider.  There’s nothing wrong with that.  Just know it is your responsibility to manage your decisions, and you should probably run these suggestions by a professional before rushing into anything.