5 Retirement Planning Mistakes to Avoid, According to Financial Planners

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5 Retirement Planning Mistakes to Avoid, According to Financial Planners
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It pays (literally) to steer clear of these.

, tell you what not to do along your quest to take care of yourself financially in the distant future.Mistake 1: Not starting to plan because you think you don’t make enough money

"Stashing some money away, even if it’s a small amount, can really benefit you in the long run." —Alana Benson, NerdWalletin an investment account that earned 12 percent in returns. Within a decade, you would have saved about $12,000 . That's something. And, well, if you find a way to invest more than $50 a month, you'll stand to make a whole lot more cash.Finances can be complicated, so don't be afraid to defer to experts in the field if your budget allows.

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