Your Family, Your Finances

Common Retirement Planning Mistakes


Listen Later

Usually, we talk about all the things we should be doing to prepare for retirement.  But today, we’re going to talk about some things you should not be doing.  The Go-Banking-Rates website came up with a list of common retirement planning mistakes.  John goes down the list - listen now! 

Call John today and setup a time for a Complimentary Consultation! 

  • Having No Retirement Plan
  • Not Knowing How Much You Need to Retire
  • Not Taking Your Employer’s 401(k) Match
  • Having Incorrect Beneficiary Designations
  • Paying High Retirement Account Fees
  • Relying Only on Social Security Benefits
  • Cashing Out Your 401(k)s Between Jobs
  • Believing You’ll Never Retire
  • Not Using a Retirement Account That Offers Tax Benefits
  • Investing Too Conservatively, or Too Aggressively
  • Not Planning for Medical Expenses
  • Not Calculating How Long Your Retirement Will Be
  • Forgetting About Inflation During Retirement
...more
View all episodesView all episodes
Download on the App Store

Your Family, Your FinancesBy John Merkel