Living in an age of burgeoning medical inflation combined with unhealthy lifestyles, relying solely on medical coverage provided by employers is a big
financial planning mistake.
But while a little rest and relaxation may do your body good, one
vacation planning mistake could set your finances back for months to come.
So it's not as if you'd be making a huge retirement -
planning mistake by passing on an annuity.
If you already have substantial retirement accounts, it's important to make sure the money is well protected against common and
costly planning mistakes, and structured so that it takes full advantage of tax breaks.
Dig Deeper: Top Business -
Plan Mistakes Winning a Business - Plan Competition: Identify the Real Market Share
Joe Anderson invites special guest Nicole Newman, Esq. to discuss the ten most common
estate planning mistakes to avoid.
A couple years back, then General Motors» North American president, Mark Reuss said «That was a
pre-bankruptcy planning mistake,» when asked why Chevrolet didn't sell the Cruze Hatchback in North America.
The biggest estate -
planning mistakes can be easily avoided with a few signed documents and some vigilance.
More from Advice and the Advisor: 7 retirement -
planning mistakes to avoid How to avoid costly 401 (k) rollover mistakes 7 ways to make sure you don't outlive your savings
Ed McCarthy lists 10 steps to avoid estate -
planning mistakes.
But Syracuse's teachers union and some of Lavine's opponents are calling
that plan a mistake.
As if that wasn't enough, Joe and Big Al have 10 tips to boost your retirement savings, the pros and cons of rolling your 401 (k) into an IRA, tax strategies to consider when paying for long - term care, the latest on the Department of Labor Fiduciary Rule, the age - old men vs women debate: who is better at investing, and Prince's $ 250 million estate
planning mistake.
Mixing up investment and life insurance is a financial
planning mistake, as both serve different purposes.
As usual, this is the time of year I come across many «avoidable» financial
planning mistakes.