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Saving Advice
Saving Advice
Lifestyle
Teri Monroe

10 Times Retirees Regret Following Popular Financial Advice

seniors following popular financial advice
Image Source: 123rf.com

Throughout life, people are bombarded with financial advice—save more, invest early, avoid debt. While much of it sounds wise, not every piece of advice works once you’re in retirement. In fact, following some of the most popular money tips can lead to regret, lost savings, or unnecessary stress. Retirees often discover too late that advice tailored for younger workers doesn’t fit their new reality. Here are 10 common financial moves that many retirees wish they had ignored.

1. Paying Off the Mortgage Too Quickly

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