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The 7 deadly sins of retirement planning

Retirement » The 7 Deadly Sins Of Retirement Planning

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Don't let anger cloud your judgment when leaving a job. Often, irrational decisions are made in the heat of anger. Leaving a job without sufficient planning could wreck retirement savings.

"You may be living off that savings if your job search takes longer than expected, and voluntarily leaving employment may disqualify you for receiving unemployment benefits," says Petersen.

In addition, paying for COBRA insurance is generally more expensive than an employer group plan insurance premium, which is often paid by an employer.

If you have to leave, it's best to do it amicably. You'll need a referral.

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