It doesn’t take much to send a solid retirement plan off the rails. Fortunately, the likely causes of retirement failures are well-known and often avoidable. When you know the most frequent causes, you’re more likely to avoid losing your financial independence and security.
Helping too much. People often dip too far into their retirement funds to help loved ones.
Many parents don’t like to turn down requests for help or see their children deprived. Some are too proud to tell their children they can’t afford to help. Most grandparents, of course, like to spoil their gr…….