A single financial misstep right before retirement can mean the difference between peace of mind and constant money worries in later years.
Misinterpreting a spouse’s retirement dreams, failing to plan for emergencies and spending too much are just a few of the mistakes folks approaching retirement may make.
Below, financial advisers weigh in on how to avoid these and other mistakes before you turn in your office I.D.
[image] Elwood Smith
1. Failing to coordinate
Certified financial planner Christine Fahlund recalls one couple she worked with: The husband thought he had diligently prepared for retirement,