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Retirement Planning Mistakes You'll Regret Forever

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As more and more baby boomers start eyeing the coastline of retirement, thoughts turn from the daily worry over the Monday-through-Friday commute to concerns about how to fund the golden years.

How prepared are you? How much money do you really need to retire? Do you know the ins and outs of your pension (if you’re lucky enough to have one)? How about your 401(k), IRA and other retirement accounts that make up your nest egg? Do you have a good handle on when to claim Social Security benefits? These are some of the questions you will have to contemplate as the work days wind down. But long before you punch out, make sure you are making the right choices.

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To help you out, we’ve compiled a list of the biggest retirement planning mistakes and how to avoid making them. Take a look to see if any sound familiar.

SEE ALSO: 15 Worst States to Live In During Retirement

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