As more and more baby boomers start eyeing retirement, thoughts turn from worry over the workday slog to concerns about how to fund the golden years.
How prepared are you? How much money do you really need to retire? Do you know the ins and outs of your pension (if you’re lucky enough to have one)? How about your 401(k), IRA and other retirement accounts that make up your nest egg? Do you have a good handle on when to claim Social Security benefits?
These are some of the questions to contemplate as retirement approaches. But long before you punch out, make sure you are making the right choices.
To help, we’ve compiled a list of the biggest retirement planning mistakes and how to avoid making them. Take a look to see if any sound familiar….Read More.