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Kiplinger
Kiplinger
Business
Jeff Judge, CFP®, ChFC®, CLU®, AEP®

These 7 Investment Behaviors Hurt Retirees the Most, But It's Not Too Late to Change Your Ways

(Image credit: Getty Images)

The shift from saving to spending changes everything. Behaviors that were "good enough" during accumulation can become expensive once withdrawals begin.

According to research from Morningstar, behavioral mistakes cost investors an average of 1.2% annually. In retirement, that drag can matter more because there's less time to recover from avoidable errors.

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