4 Common Wealth-Building Mistakes Retirees Make

Reported 2 days ago

Many retirees mistakenly believe that retirement is a time to stop investing and enjoy their hard-earned wealth. However, experts identify four key mistakes that can hinder their financial growth: becoming too conservative with investments too quickly, focusing too much on immediate income rather than future opportunities, holding excessive cash as inflation erodes its value, and underestimating tax implications. Strategic planning and maintaining a balanced investment approach are essential for continued wealth accumulation during retirement.

Source: YAHOO

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