One of the best rules of thumb for retirement planning is to start saving early and never prematurely touch the money you’ve earmarked for retirement.
If you’ve waited to start saving, haven’t saved enough, or have borrowed against your retirement accounts, all is not lost.
Even if you’ve made one of these frequent mistakes made when planning for retirement, you still have time to set yourself up for a more comfortable retirement.
Even if retirement is only a few years away.
As the Chinese proverb goes, “the best time to plant a tree was twenty years ago. The second best time is now.”