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Kiplinger
Kiplinger
Business
Mike Decker, NSSA®

Three Common Cash Flow Mistakes and How to Fix Them

A woman tracks spending in a spiral notebook. .

Over the past decade, I’ve worked with all sorts of people preparing for retirement. What’s interesting is I cannot find a reliable correlation between income received from employment in relation to how much someone has saved. Some have higher incomes with little savings for retirement. Some have never made more than a modest income while living a happy life and have saved more than seven figures for retirement.

Everyone’s situation is different. The financial variables are endless. However, over the years, I have noticed a theme between those who have enough saved for retirement (based on their expectations) and those who do not have enough.

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