The Top 15 Retirement Mistakes Seniors Make According To Financial Planners
Failure to Adequately Estimate Retirement Expenses
Many seniors overlook the necessity of crafting a comprehensive retirement budget. They underestimate their potential expenses, which can include daily living costs, healthcare, travel, and emergencies. Misjudging these costs can lead to significant financial strain. Therefore, developing a realistic budget based on careful evaluation of potential expenses is vital for maintaining a comfortable retirement lifestyle.
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