3 Biggest Mistakes Retirees Make, and How to Avoid Them

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​Great bits of (concise) information regarding retirement savings, planning, and mistakes. This information is useful for current or soon to be retirees along with those who plan on retiring someday and require growth in their retirement accounts to do so.

Personally item 1. is the real key as talking to and working with a professional provides a greater chance for success. This is because your much more likley to follow a structured process that can and should help to identify a variety of opportunities & risks. Additionally, a more formal process should have protections in place which help to highlight other issues in a portfolio and management of it.......including steps/ways to avoid items 2. & 3.

1) No written plan - Like small businesses, without a written plan your automatically handicapping your chances for success.

2) Not managing sequence-of-return risk
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3) Not taking the right risk

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#inflation #portfolio

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