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5 Terrible Money Mistakes That'll Wreck Your Retirement


Money mistakes are like termites. They can work quietly behind the scenes, gnawing away at your wealth. You might even avoid any major consequences for years -- right up until you realize a comfortable retirement has slipped out of your reach.

In a survey from ING Direct, 30% of U.S. retirees say they don't have the same standard of living they enjoyed while working. Among those respondents who were still working, 24% expected to make a lifestyle change after leaving the workforce. And 64% of those pre-retirees said they'd need to find some other form of income in retirement, such as gig work, selling assets, or starting a small business.

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Source Fool.com


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