informed decisions blog

8 Common Financial Mistakes To Avoid When You Retire #241

10th October 2022

Paddy Delaney

mistakes to avoid in retirement

This week’s podcast tackles 8 of the most common financial mistakes retirees make.

  • Be prepared for retirement lifestyle changes
  • Have a plan in place for elder care
  • Understand how Income Tax works in retirement
  • Don’t forget about inflation (kinda hard not at the moment!)
  • Stay active and socialise
  • Don’t delay retirement planning
  • Test your retirement lifestyle before retiring
  • Make a plan for any debt, or gifting

I hope it helps.

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