35 Retirement Planning Mistakes That Waste Your Money

Saving Too Much, Too Early

If you’re in your 20s and putting over 10 percent of your income toward retirement, you might want to slow down. Sure, you’re setting yourself up for a comfortable retirement by saving aggressively at a young age. But if you aren’t putting money toward other goals, you might have to take on more debt to buy a house or buy a new car when your old one breaks down.

Find a Balance: How to Enjoy Your Money Now Without Hurting Your Retirement Fund