Don’t Waste Your Money & Time Doing These 35 Retirement Mistakes

27. Avoiding Stocks

A 2017 Ally Invest survey found that 61 percent of adults find the stock market either “scary or intimidating. But you likely won’t see your retirement savings grow by relying only on bonds, certificates of deposit and traditional deposit accounts — especially at today’s low rates.

For your retirement portfolio to be truly diversified, you’ll likely want to include some stocks. Speak with a financial advisor to find out just how much stock your portfolio can handle.