Staying Well

8 Biggest Retirement Mistakes & How to Prevent Them

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Sinopsis

What do you need to do to make sure you are able to retire?Have you dreamed of your retirement since you started your first day of work? Some days it can seem like your retirement is a far-fetched fantasy that you will never see. However, this does not mean you shouldn't know your options and begin planning for that day.Unfortunately, researching the options of retirement can be confusing, which can lead to unrealistic planning of your future. In fact, according to the Federal Reserve, one in five people who are near the average retirement age have ZERO money saved. Also included in the study conducted by the Federal Reserve: 41 percent of people between the ages of 18-29 said they have never thought about retirement.Not saving enough money is one of the biggest retirement mistakes you can make.Why does it seem people aren't concerned with their retirement planning?It may seem foolish to not save money for your retirement, but not many people have that option. If you're stuck at a job earning low wages, or ca