Mistakes Retirees Should Avoid

Any people retire each day with dreams of the future.

- PV SUBRAMANYAM

Unfortunately, many retirees may encounter hardships that could have been avoided. No one can predict your future health conditions, financial markets, tax rates and so forth. But, with a plan, you can avoid some of the following problems:

Retiring much later than they could have

One of the common mistakes is the belief that one must work until a specific age or accumulate a certain amount of savings. Much of this is rooted in oversimplified financial planning. I recommend individuals to work with a retirement professional who can help them run their numbers and create a retirement plan while providing guidance on how to navigate the complexities of retirement and beyond.

Boredom is a big killer