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2. Not taking full advantage of tax breaks. The government offers retirement savers a ton of incentives to do the right thing, including special accounts such as 401(k), IRA and 403(b) plans that ...
1. Saving Too Late. There are so many retirement mistakes to avoid, but one of the costliest is waiting to start saving — and not saving automatically.
A 401(k) can be a great way to save for retirement, but a few wrong decisions can derail your progress. Fortunately, it only takes a little planning to avoid the biggest 401(k) mistakes.
Learn about common retirement mistakes and how to avoid them. This guide provides practical tips to secure your financial future. 13 Retirement Mistakes to Avoid
The worst retirement mistakes are probably not planning to retire at all, failing to take full advantage of retirement savings plans, mismanaging Social Security, making poor investment decisions ...
Most financial experts recommend saving 15 to 20 percent of your salary for retirement, so contributing only enough to get the match may cause you to fall short of your long-term savings goals. 2.
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