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4 Retirement Savings Mistakes You Can't Afford to Make


If your goal is to enjoy your retirement to the fullest, the last thing you'll want is to spend your senior years pinching pennies. And if you manage to sock away a nice amount of money in a 401(k) or IRA, you won't have to. Your savings, combined with your Social Security benefits, could make for quite the comfortable retirement.

But if you're going to make an effort to build a nest egg, take care to avoid these big mistakes.

Many companies that sponsor 401(k) plans also match worker contributions to some degree. Figure out what your full match looks like and do your best to snag it. If you don't, you'll end up leaving free money on the table -- money that could otherwise help you build a more impressive nest egg.

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Source Fool.com


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