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Retirement
Basic retirement planning mistakes to avoid
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[QUOTE="Setho, post: 269758, member: 29023"] A lot of people who are willing to set up a retirement fund have ended up getting it entirely wrong because of their mindset and also because of how they usually just like to copy others. I will try to explain some of the common mistakes that people usually make whenever they are planning for retirement. 1. They think that there is still time. Planning for a retirement is something that is supposed to commence immediately when you start actively making income be it when you are 16 or you are 19. The money that you need to save his only going to give her but you should actually start planning early. 2. They think saving is everything. With inflation ravaging economies, all the money that you have seemed might be worthless at your retirement so it is not a hundred percent of your portfolio that you go to savings but instead you should look for low-risk investments, hedge funds and liquidity pools for you to put your money there. 3. They do not involve lawyers. A lot of workplace insurance forums are held bent on trying to steal from the employees. You should always involve a lawyer if you do not understand the terms and conditions. [/QUOTE]
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Basic retirement planning mistakes to avoid
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