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Retirement: Don’t Do What I Did
Our friends at Free Money Finance point us to a Yahoo Finance piece with some real life do's/don'ts. The don'ts:
1. I didn't think ahead. (He didn't set a retirement number and develop a plan to reach it).
2. I flew solo. (He didn't get advice from a financial planner.)
3. I tried to outguess the market. (Ha! This is a mistake many seem to make.)
4. I may have shortchanged my wife. (He mis-calculated how to take his retirement money.)
5. I didn't know about "givebacks." (Social Security return payments made if you earn too much.)
6. I spent too much. (Isn't this the story most Americans are living?)
Of course the writer did do some things right but you'll have to follow the link for those as well as Free Money's pithy commentary.
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