Marty discusses common mistakes to avoid in retirement planning. The first mistake is waiting too long to plan, but Marty emphasizes that it's never too late to start. He recommends starting in your mid to late 40s or early 50s. Another mistake is underestimating the cost of living, especially with inflation and rising expenses. Marty advises getting rid of debt and having an emergency fund. He also highlights the importance of considering long-term care and having a plan in place. Other mistakes to avoid include not prioritizing contributions to investments and not establishing proactive tax strategies.
Reach Marty at 888-519-9096.