6 retirement saving pitfalls and how to avoid them

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  • carlyt ny, NY
    April 10, 2014 1:16 p.m.

    The number one mistake is to not start planning and saving/investing early in life. You have to be be consistent (save with every paycheck), take advantage of any employer matching plan, max out contributions when possible, eliminate debt, avoid risks with your nest egg and plan for multiple streams of income once retired (social security, pensions, dividends, part time work, etc.). There is a great deal of information about retirement available on the web. I use several sites including the site Retirement And Good Living which provides information on finances, health, retirement locations, part time work and also has a great blog of guest posts about a variety of retirement topics.