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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
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Retiring early gives you less time to build a nest egg, making your savings more vulnerable to spending sprees and rising costs of living. More From GOBankingRates 65 Splurges of the Filthy Rich
At 62, she retired from a job paying almost $60,000 a year and opted to take Social Security early. She received $1,290 a month, about $400 a month less than if she had waited until 67.
When she was in her late 50s, she determined she could retire early and live off her over $3,000 monthly pension checks. However, she said retirement was "the biggest mistake" of her life.
By retiring early, you could be losing out on the highest-earning years of your career. So, even if you’ve worked at least 35 years, your AIME could potentially be much lower because it includes ...
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