From Due Media:

thoroughly understand the benefits, drawbacks, and potential risks of different retirement vehicles to avoid long-lasting, negative consequences on financial stability during retirement. Look for plans with adequate diversification to prevent significant losses in market downturns, and consider the flexibility of a plan to adapt to changes in personal circumstances or economic conditions. Avoid high fees and taxes that can erode retirement funds more than anticipated by making an informed decision based on professional guidance and thorough research.



Read more: Avoiding Common Pitfalls in Early Retirement Planning