You’ve done your homework, and now you’ve got this retirement stuff all figured out. Savings socked away. Debts paid off. A plan in place to transition from work to leisure.
Maybe they’re due to that heady rush of freedom in the first year of retirement. Perhaps you want to keep being generous
Forgetting that you now have less money. And as we age, certain physical issues can make it harder to be frugal
Certain cognitive changes can lead to poor decision-making.
Here are some unwise decisions that could tank your golden years and how to avoid them.
1. Forget to create/update documents
2. Fail to budget
3. Slide into debt
4. Spend fixed income on grown kids
5. Withdraw too much money
6. Become sedentary
7. Let yourself become isolated
8. Give too much