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

Move money to retirement account?

Dear Liz, Can I convert my regular investment account to a retirement account so that an investment made in that account is not taxed? If so, what type of retirement account can I choose? -- Jennifer Dear Jennifer, It's... Read more

advertisement

Blog

Dr Don Taylor

Are options right for your portfolio?

An investor can buy a put option to protect against downside risk of a stock or stock market index investment declining in value.  ... Read more

Partner Center
advertisement

Connect with us