3 Stupid Retirement Moves
Retirement is a milestone that countless workers look forward to. But if you're not careful, the wrong decisions could spell trouble for your golden years. Here are a few glaring retirement mistakes you'll want to avoid at all costs.
It's easy to make excuses for why you're not setting money aside for retirement early on in your career. Maybe you're not earning all that much money, or you're struggling to keep up with your student loan payments.
What many people don't realize, however, is that by holding off on retirement plan contributions for even a few years, you're giving up a world of growth. Thanks to a concept known as compounding, those who save for retirement steadily through the years can grow their nest eggs into sizable sums, even if those individual contributions are relatively small year after year.
Source: Fool.com
