That's why I turned to five financial planners, who shared the biggest retirement saving mistakes their clients make and how we can all do better.
A better solution, according to Lubinski, is to create a financial plan based on their individual retirement needs and stick to it.
Advertisement"When investors get within five years of retirement, I recommend removing the first five years of their retirement income from the market completely.
Making retirement savings a priority is something Crane recommends.
"Just as a business plan is critical before opening a business, a retirement plan is necessary before stepping into retirement.
Persons:
—, procrastinating, Phil Lubinski, Kelly Crane, Crane, it's, Patricia Stallworth, Stallworth, Jonathan Gassman, he's, Gassman, Tania Brown, Brown, Jen Glantz
Organizations:
Service, Co, CFP, Wealth Management, Financial, CPA, SaverLife
Locations:
Napa, Brooklyn , New York, Florida