Friday, March 17, 2006

 

How Not to Ruin Your Retirement

USA Today call these the five biggest mistakes people make when it comes to retirement. I know we've heard them all before, so just consider this a gentle reminder

1. Not saving enough.
2. Not having an emergency fund
3. Not diversifying.
4. Not counting health care costs.
5. Not getting all the paperwork done. (updating wills and getting personal liability insurance so if you're sued, your retirement account is protected.)


1 Comments:

Anonymous Anonymous said...

That is so true! Did you read the recent article in USA Today about teens lacking financial knowledge? This is exactly what the researchers were worried about, people not being properly prepared for retirement because they didn't know what to do. It was an interesting study.

Sharon
Debt Eliminator 101

10:47 AM  

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