5 Major Money Mistakes Retirees Made They Now Regret

Don’t retire too early

If you are one of the people who feel tempted to retire in your early 50s, keep in mind that you will be putting a significant strain on your retirement portfolio, especially if you live into your 90s.

Instead, try to work a little longer, either at a part-time job during retirement or your present full-time job. This will give your portfolio more time to compound and you can put off withdrawing from your savings for longer.

Getting a part-time job or becoming self-employed during your retirement years can also provide a nice stream of income for your goals, like travel.

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