3 Retirement Planning Mistakes That Will Haunt You for Years

Halloween tries to spook you with ghosts and monsters, but often, the real nightmares that keep us up at night are far more mundane, like surprise bills or running out of money in retirement. These are real risks, but you can reduce the odds of them happening with careful planning now. Here are three retirement planning mistakes you definitely want to avoid.

Retirement sneaks up on you faster than you think, and the longer you wait to start saving, the more difficult your task becomes. If your savings is only invested for a short time before you begin spending the funds, you won't have as much earnings to help you cover your expenses. That means you'll have to set aside even more of your own money every month to reach your retirement savings goal.

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Source Fool.com