Retirement Planning Mistakes That Only Show Up After You Stop Working

Most retirement planning mistakes are obvious in that you didn’t save enough money, you claimed Social Security too early, or you invested too conservatively, and ran out of growth. These are the kinds of errors financial advisors have warned you about for decades, and they’re easy to spot before retirement.

The harder mistakes to catch are the ones that look fine on paper but fall apart the moment you stop working. These are unquestionably the planning failures that will only reveal themselves after the paycheck ends and you’re living off the portfolio.

Ultimately, the problem isn’t that they didn’t plan, but that the plan didn’t survive contact with reality.

This post originally appeared at 24/7 Wall St.