Most people are so focused on saving for retirement that they overlook the everyday habits that can derail it. According to Kiplinger, only 44% of Americans have calculated what they'll need to live on in retirement, and without that number, it's easy to overspend or take on risks that shrink your nest egg. In this week's interview, Peter with Richon Planning and Erin Kennedy break down the three most common pitfalls pre-retirees face:

🚫 Maintaining Debt Many retirees carry credit cards, car loans, mortgages, sometimes totaling $55,000. We discuss why entering retirement debt-free is so critical and what steps to take now to get there.

👨‍👩‍👧 Helping the Kids Half of parents are providing financial support to their adult children... averaging $1,500 a month. How do you help family without sacrificing your own financial future? 💳 Living "Large"

Are you spending more than you should? We lay out how to realistically evaluate your lifestyle so you don't outlive your savings.

If you'd like to learn how small decisions and simple habits today can protect your retirement, please call Peter at (919) 300 - 5886 or visit www.RichonPlanning.com