Worried you’ll run out of money in retirement? Then don’t make these rookie mistakes
From the CNBC website
Being newly retired is definitely a reason to celebrate — and spend — some of the hard-earned money you’ve saved over the years.
Yet with Americans living longer, experts say you need to plan for a retirement that could last 30 years or more. Add in ever-rising medical costs, mostly stagnant Social Security checks and all of a sudden that pile of cash doesn’t look so big.
The issue of outliving your money is a real threat.
To avoid having that happen don’t make these classic new-retiree mistakes.


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