7 Deadly Sins of Retirement Planning: The Worst Mistakes People Make

5. Lust

This sin is especially important to keep in check if you’re married. If your lust gets out of control and your marriage ends, you could find yourself with a lot less money during your golden years. Depending on how long you were married, your spouse could be entitled to some of your retirement savings. All your spouse has to do is request a qualified domestic relations order. A qualified domestic relations order can be filed even if it has been a couple of years since the divorce took place.

Next: Think of your future self when this sin enters your mind.

6. Envy

You might think you would be happier if you could spend the money you’re saving for retirement and enjoy life now, but that’s not the case. Think of your future self whenever you get a case of the envies. Everyone’s financial situation is different, so don’t compare yourself to others. Chances are, the people you’re jealous of are deep in debt because they’re living a borrowed lifestyle. Delay your wants for today so you can live comfortably tomorrow.

Next: Spend a little time to do these important things.

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