Below you'll find some regrettably common
retiree money mistakes; hopefully becoming aware of these common mistakes will ensure that you'll never fall into these traps yourself.
Make one or more of these common
retiree money mistakes, and you could be doomed to a life of poverty...
Not exact matches
One common
mistake retirees make is not having enough
money saved to cover an emergency.
One
mistake many
retirees make is not taking out enough
money to maximize income splitting (especially if it helps them avoid an OAS clawback).
One
mistake many
retirees make is not taking out enough
money to maximize income splitting (especially if it helps them avoid an OAS clawback), says accountant Paul Panabaker.