Retirement is an important stage in life that everyone needs to prepare for. But most people seem to neglect this task until it is too late. But for those who have prepared well for their retirement, certain retirement decisions they make later on can also prove to be costly mistakes. Here are some of them that new retirees need to avoid. Taking an early retirement Some people may feel that they already have enough

It is important that you plan your retirement well. The earlier you can start on it, the better. A good retirement plan can help you prepare for that period in life where you try to chill out and begin to relax more. But there are certain wrong assumptions that might negatively affect even the best of retirement plans. Here are some of them. Failing to factor in inflation into your retirement plan Some people plan

Many people wish for a comfortable and stress-free retirement. After all, it is what many consider as the time to finally escape from the rat race at work and take the easy life. But a comfortable retirement requires thorough preparation and early financial planning. But even if you accumulate a considerable amount for your retirement fund, there is still that risk that it may run out if you are not careful. Certai

Retirement should be a time for rest and relaxation for people who have spend years and years in the rat race and stressful environments. But then again, it will depend on how you prepare for your eventual retirement. Come unprepared and you will end up becoming more stressed in your retirement years. You can easily ruin your future retirement if you make the following money mistakes. Paying off debts first before

Retirement planning is a process that takes years to do and discipline to follow. Its primary aim is to make sure that people have the means to enjoy a more comfortable retirement when the time comes. The earlier one starts in planning for it, the better the chances one has in achieving those retirement goals. But along the way, there can be mistakes that people can make that will affect or undermine effective reti

Planning for retirement effectively takes time. People should also be aware of what they need to do in order to develop a retirement plan that will work for them instead of against them. This means being aware of the many possible retirement mistakes that can be committed that would render any plan useless.    Here are some of the more common mistakes to avoid. Not Being Part Of A Company’s Retirement Plan