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Home›Saving and Spending›13 Financial Mistakes That Can Ruin You

13 Financial Mistakes That Can Ruin You

By Our Editorial Team  |  Published November 1, 2019

Expert Verified

Our editorial team verifies all financial and lifestyle information for accuracy and relevance to senior living.

Not Saving for Retirement

When retirement seems so far away, forgetting all about it is not unheard of. It’s something many Americans put off frequently because spending money in the moment feels justified. 
“Oh, I’ll get to it when I get to it” is a common sentiment, but we strongly advise considering retirement savings early on. Think about it, if you live comfortably when you’re able to work, wouldn’t you want to feel as comfortable when you’re not working anymore?
Alternatively, if you’re struggling while receiving a salary, what do you think will happen when you’re no longer part of the workforce? Try to avoid any financial mistakes by planning a bit better.

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