Pension pitfalls, downsizing dilemmas and benefits blunders can put a spanner in the works for your later-life finance plans
Reaching retirement with a healthy savings pot is only half the battle.
Taking your pension tax-free lump sum without a plan, leaving it too late to downsize and failing to claim the benefits and discounts you are entitled to are among the common mistakes that catch even careful savers off guard.
Here are the retirement later-life money traps to watch out for.
Shorts
Leaving it too late to downsize
Starting too late is one of the simplest yet most costly retirement planning mistakes, says financial blogger Dawn Cher.
Whether it's racking up debt, forgetting to build a savings habit, or ignoring your pension, we all make money mistakes. But…
From finding out your entitlements to setting out your priorities, small, strategic steps can make a significant difference
Baby boomers face a financial crunch, with figures revealing almost half of workers over 60 won't have enough money to fund the…
From finding out your entitlements, to setting out your priorities, small, strategic steps can make a significant difference.
From not taking free money from your employer, to underestimating how much you may need, we explain common mistakes that millions…
