Description

In the complex world of retirement planning, there are countless pitfalls one could fall into. In this episode, we've distilled it down to what we believe are the top 10 mistakes to watch out for. In part one of this two-part episode, we’re going to discuss the first 5 money mistakes that Phil often sees in retirement planning.

Here are some of the things we’ll address in this episode:

• 2:30 – Ignoring future tax implications of your retirement savings
• 5:51 – Starting Social Security too early
• 9:59 – Focusing on returns instead of income
• 12:01 – Being too aggressive or conservative
• 16:02 – Taking investing advice from family or friends

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts