👴👵 How to Avoid These Common Retirement Fails (AARP Article)

[SummerOnTheWay1]

FROM THE ARTICLE:

10 Ways to Fail at Retirement.

Avoid these hazards to your money, health and happiness as you step away from work.

By Bruce Horovitz, AARP. Published June 03, 2025

It's not hard to find information on the things to do before you retire. Buckets of ink and billions of pixels have been expended explaining them. Yet many retirees still feel bored, isolated or stressed after leaving the workaday grind behind.

Maybe what they need is a bit of negative reinforcement — a fail-to-do guide, if you will. There are, after all, many things — critical things — that people manage to not do before or during retirement. Many are financial, but some involve physical, mental and emotional well-being.

USE THE LINK BELOW TO READ THE ARTICLE.

https://www.aarp.org/money/retirement/avoid-retirement-fails/

[SummerOnTheWay1]

📎  [Tuesday 6/3/25]

The one I find for myself as a challenge is:

1. Not accounting for longevity.

In my very humble opinion, it is hard to "predict" how long we are going to live.

Take care,

Nicole  👴👵  (Retirement Forum)

[RN362636 · Accepted solution]

I think for most that longevity is overrated. Statistically, only 0.3% of people will live to be 100 but financial advisors tell most to plan for that length of life. I suppose that if you have family who have had very lengthy healthy lives then that may be something to consider. I have a living will and don't want to "live" by tube feedings or other heroics. To me that isn't living.