Make no assumptions

You might think that you’ll stick around your current job until you retire, but that’s a mistake many seniors make, and it costs them dearly. That’s mainly because, according to our earlier point too, they start saving up for retirement 10 years before they actually enter their golden years.

But what happens when it’s too late and you get laid off? Not only will it be more difficult for you to find a job, as many statistics have shown, but you’ll no longer be able to start saving money.

Making assumptions could be your downfall, so plan for the worst and hope for the best.