The news on retirement is not good.
It seems like every month, there’s a study breathlessly lamenting the stark reality of our grim retirement prospects. Millions of Americans barely have one thin dime saved for their golden years.
Of course, starting early and saving as much as possible helps. So too does buying long-term-care insurance or a life insurance policy with a long-term-care rider.
However, you could do all that and still find yourself running short of money in your post-work years. Here are five common blunders people make with their retirement funds.
For more, check out “9 Ways to Build an Emergency Fund When Money’s Tight.”
How is your retirement fund looking? Share your best savings tips in the comments or on our Facebook page.