5 Retirement Planning Mistakes to Avoid

Even diligent savers can make mistakes that derail their retirement plans. Here are the most common pitfalls we help clients avoid.

Common Mistakes

• Starting too late - The power of compounding diminishes with each year you delay
• Underestimating healthcare costs - Plan for $300,000+ per couple in retirement healthcare
• Taking Social Security too early - Waiting can increase benefits by up to 77%
• Ignoring inflation - Your purchasing power will decline without proper planning
• No withdrawal strategy - The order in which you tap accounts matters for taxes

Schedule a review with one of our advisors to ensure you are on the right track.