FAULTY DECISION-MAKING
Tresidder also cited bad decision-making by people saving for retirement as a significant risk. For instance, putting your money in a well-performing mutual fund in the belief that it will continue to climb higher is a perilous choice that is often based on wishful thinking.
In the long run, making financial decisions based on bad assumptions and misinformation can result in negative outcomes and keep you from enjoying the retirement of your dreams.
