8 Common Financial Mistakes To Avoid When You Retire #241

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.