Not calculating a retirement savings goal
it’s basically impossible to save any amount of money for retirement if you don’t make a priorities list first. And it’s even more difficult if you don’t try at least to work out how much that’s supposed to be.
Surprisingly, just 25% of boomers have tried to run the numbers without a financial advisor. And even 25 % of those who do have a financial adviser, well… they still haven’t set a target.
We all agree planning for a stable retirement can be more difficult than purchasing a house or a car, but without any planning, we don’t think they’re gonna get too far…