10 Worst Mistakes People Make After Retirement

iStock.com/Alexandra Iakovleva

5. Failure to Be Aware of Frauds and Scams

Unluckily, retirees are often big targets for scams. Scammers take advantage of your intentions to grow your savings, but be sure to consult your financial advisor before taking part in investments post-retirement. It pays to be skeptical as people fall for scams every single day. If something sounds too good to be true, do your research first. You never know what a simple Google search can find.

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