Nine Dumb Moves

[mickeyd]

http://finance.yahoo.com/focus-reti...t-Retirement-Moves?mod=retirement-preparation

Dumb moves

If you want to live on the edge, put your finances on the precipice of a cliff -- and set up camp there, too!

9 ways to ruin your retirement

1. Buy more home than you can afford
2. Base your projections on today's costs
3. Raid your 401(k) or cash it out
4. Count on Social Security
5. Believe your benefits will never change
6. Allow your kids' needs to trump yours
7. Count on your partner's income
8. Plan to work forever
9. Don't worry about health issues

Care to list your item #10?

 

[bots2019]

Buy only new cars and trade them in every three years or so.

 

[RetireeRobert]

http://finance.yahoo.com/focus-reti...t-Retirement-Moves?mod=retirement-preparation





Care to list your item #10?

Never start a periodic saving/investing routine.

 

[allen76]

Get divorced.

 

[igsoy]

And the Number One Top Ten Way to Ruin Your Retirement:

You know that delusional idea you had about retiring really young with too small a sum and then making lots of money selling books telling people how to do what you did, and just hoping that someday, somehow, you could take your boys to DisneyWorld? Go with it.




(ducks and runs)

 

[HFWR]

Get divorced.

This is how I saved my retirement!

YMMV...

 

[kaudrey]

You and me both, HFWR!

 

[maddythebeagle]

This is how I saved my retirement!

YMMV...

ok...how about NEVER get married, then...

 

[ChemEng]

This is how I saved my retirement!

Heather Mills too!

 

[HFWR]

Heather Mills too!

That's one way to get a leg up...

 

[BUM]

10. Buy a Yacht/RV/Lamborghini because, "Hey we've earned it".

 

[kcowan]

10 Assume you have a partner for life.

 

[saluki9]

10. Loan a friend or family member a lot of money so they can start a business.

 

[Grizz]

#10...Die