10 Worst Mistakes People Make After Retirement
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8. Supporting Adult Children
It’s hard to say no to your children, but reassure yourself that they can fix their money problems. They are earning a salary while your money comes from fixed-savings. Unless you are completely sure you can afford to spend that money, then try to avoid it. That means no large monetary gifts or loans.
9. Not Staying Active Socially and Physically
One of the worst mistakes retirees make is becoming reclusive. You’ll need to regularly stimulate your brain, and it is important to maintain a social life. See lots of friends and family, and maybe even spend your new-found time joining social clubs and meeting new people.
