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1 post from October 2007

October 10, 2007

Ruin your retirement in just 9 moves

I loved the subject line of the email I received from Bank CD and Investing News -

"9 Dumbest Moves To Ruin Retirement"

These are the headings of the 9 'dumb moves' found in that article:

1. Buy more home than you can afford
2. Base your projections on today's costs
3. Raid your 401(k) or cash it out
4. Count on Social Security 
5. Believe your benefits will never change
6. Allow your kids' needs to trump yours
7. Count on your partner's income
8. Plan to work forever
9. Don't worry about health issues

I have a feeling most of us 'baby boomers' relate to some, if not most of them.

Discuss your plan with your significant other to make sure you are both on the same page.

Good luck

Alex Weiss
Co-Founder, www.WealthBuilderUniversity.com

PS  Have you used the WealthDollars Detector at www.WealthBuilderUniversity.com