7. Working longer than needed
Ashley Coake also mentions how a lot of Americans are confused when it comes to retirement age. Retiring too early can subject you to penalties. Doing it too late means you’ve potentially wasted time and energy working when you didn’t actually have to.
Going back to our first point, having a good plan can help alleviate some of the confusion. If you’re still unsure, speaking to financial advisors about how your accounts interact with social security can give you straight answers.
