3 Retirement Mistakes to Avoid in 2020
It's easy to get caught up in the leisurely lifestyle retirement affords you without paying much thought to your finances. But if you don't stay money-aware during your golden years, you'll risk running into trouble and compromising the lifestyle you've learned to love. If you're retired, here are a few major mistakes you'll want to steer clear of in the coming year.
If you're sitting on a pile of retirement savings, whether in an IRA or 401(k), you probably know all too well that that money is the result of your hard work and sacrifice. And that's why the last thing you want to do is neglect your investment portfolio. If it turns out your investments aren't doing as well as you expected them to, you may need to not only make some changes, but also, adjust your retirement plan withdrawal rate to better align with the income your portfolio is generating.
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Source Fool.com
