Ideally, you'll want to kick off retirement with a nice amount of savings. Social Security might only pay you enough to replace 40% of your former earnings. And seniors tend to need a lot more money than that to maintain a comfortable standard of living.

But if you're not careful, a few mistakes in the course of saving and investing for retirement might ruin your senior years. Here are a few blunders to avoid at all costs.

Image source: Getty Images.

Continue reading

Source Fool.com