The Big FIVE Retirement Mistakes
(Don’t Do This)

A quick Google search on this topic returns a series of “average” comments, almost like what you would pick up from an information booth at the airport. Our team met on the topic and wanted to focus in on the ones that can hurt you or a loved one the most.

Don’t underestimate the costs of the length or the cost of living.
Don’t underestimate the impact inflation has on expenses.
Delay Social Security payments as long as you can.
Where you live and what it costs and how much equity you have tied up in your home matters.
Track your spending.

These Big Five issues all have personal nuances that we help you address in our regular meetings. At first glance some of these like common sense, common knowledge line items. Dig a little deeper and you realize just the term ‘where you live’ can mean dramatic, life changing events involving a possible relocation and discussions on weather, lifestyle, and distance from family. Simple things can mean big changes.

Want some more specifics or help with one of these Big Five? Email us and we will help you or a friend get the advice you need.

Client Centered, Quality Focused. We are an independent, employee owned investment advisory firm with institutional quality practices that are applied to all aspects of our business. Our disciplined and balanced approach allows us to focus on the most important aspect of our job: creating long-term value for our clients. DLK is a diverse team of professionals who have experience in multiple areas of investment management, on both the advisor and client side.