1. Failing to create a plan
The most crucial and often most frustrating part about retirement is planning it out. That’s why it’s the number one mistake people make. Failing to consider your expenses and income can lead to stumbles along the way, and if you don’t actually write them down it’s more likely you’ll forget crucial details.
Nancy Skeans, CEO of Schneider Downs Wealth Management Advisors encourages everyone to take this first, important step so that they could have some peace of mind later on in life.