6 Costly Retirement Planning Mistakes You DON’T Want to Make

In this video, I'll be counting down the biggest mistakes people make when planning for retirement. And, more importantly, I’ll explain what you should do differently to ensure you’re on the right track as you approach retirement.

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⏱ Timestamps
00:00 - 6 Biggest Retirement Planning Mistakes
00:58 - Mistake Number 6: Working Too Long
02:33 - Mistake Number 5: Not Optimising Your Super Contribution Strategy
03:43 - Mistake Number 4: Not Taking Into Account Inflation
04:42 - Mistake Number 3: Taking On Too Much Investment Risk
06:21 - Mistake Number 2: Dismissing Social Security
08:05 - Mistake Number 1: Not Having a Retirement Plan

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-- The 6 Biggest Retirement Planning Mistakes --

With so many rules and regulations, planning for retirement can be daunting. And, while you won’t become a retirement planning expert overnight, there are certainly some mistakes and traps you should avoid when building out your retirement plan.

The most common retirement planning mistakes people make aren't ones that will get you in trouble from the tax man, or have you breaking the super rules. Instead, the mistakes we go through in this video will cause your retirement savings to run-out 10 years too soon, cause you to work years longer, or result in you missing out on opportunities that could boost your retirement income by thousands of dollars every year.

In this video, I’m going to take you through the 6 biggest retirement planning mistakes, so that you can avoid these costly errors. Plus, I’ll let you know what you should be doing instead.

#SuperGuy #ChrisStrano #Superannuation #RetirementPlanning

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General advice is provided by Toro Wealth Pty Ltd trading as SuperGuy Retirement Experts as an Authorised Representative of Core Value FA Pty Ltd (AFSL 480387).

Before acting on any information, you should seek professional advice and verify our interpretation/s before relying on the content or calculators within this website or on the videos, while also considering its appropriateness in relation to your personal situation.