This is Financial Insanity w-Scott McLean. Today's show is common retirement mistakes to avoid. It's a walk through of some of the biggest regrets people have in their retirement. You've spent a lifetime planning for your retirement goals, contributing to 401k plan and investing additional assets in an individual retirement account or other accounts. Many retirees claim their social security benefits as soon as they are eligible, but waiting until full retirement age or even later can significantly increase the monthly benefit. What's the biggest regret? Not saving enough. Plus, Scott will tell you retirement risks to avoid and answer some mailbag questions from listeners.
