Want To Retire? Read This First...
A new study released by the Center for Retirement Research at Boston College revealed that given the current levels of retirement savings, six in ten older workers are at risk of being unable to maintain their standard of living in retirement.
You can download his *free* guidebook at myretirementsuccess.com.
Bill's latest book, "Retire in a Weekend! The Baby Boomer's Guide to Making Work Optional", is in stores now.
BIGGEST RETIREMENT MISTAKES AFTER THE JUMP...
Here are the 10 biggest retirement mistakes:
Listening to the wrong people
Not understanding the tax consequences for investments, IRA’s, pensions etc...
Choosing the wrong pension option
Misunderstanding what medicare and social security does and doesn’t pay for
Getting caught by the 20% withholding penalty for lump sum distributions
Owning your assets the wrong way
Thinking “risk” just involves losing principal
Paying for the wrong kinds and wrong amounts of insurance
Planning for you retirement when you are already retired
Not doing consistent, careful, ongoing planning
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