investing

The 7 deadly sins of retirement planning

Retirement » The 7 Deadly Sins Of Retirement Planning

7 deadly retirement planning sins
7 deadly retirement planning sins © RTimages/Shutterstock.com

Dante's seven deadly sins have long been deemed to be the main avenues to eternal damnation. Any aspect of life, then, is fodder for examination using the seven sins as benchmarks -- including retirement planning.

Seem like a stretch? Not really. Human foibles are apparent in all areas of personal finance -- they can throw you off course during your earning years, and they can do lasting damage as you approach retirement. Pride, envy, wrath, greed, sloth, gluttony and lust all lead to behaviors that can set you back from achieving important goals.

If you have a nagging feeling that you could be doing a better job of retirement planning, check out these seven common offenses and learn how to get yourself back on track.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
CD & INVESTING NEWSLETTER

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

CDs and Investment

DIY retirement investing

Dear Senior Living Adviser, For the past 16 years, I have let someone else manage our accounts, and for the past 5 years my investments earned nothing, even as the U.S. stock market tripled. We could have done so much better.... Read more

advertisement

Blog

Sheyna Steiner

Last week a bunch of 401(k) investors freaked

Goosed by stock market losses last week, some 401(k) investors sold out of stocks and bought fixed-income investments, HR consultant Aon Hewitt reported.  ... Read more

Partner Center
advertisement

Connect with us