Retirement planning can be confusing and costly without professional advice. Avoid mistakes like taking benefits before full retirement age, which can lead to smaller checks for life. Be cautious about being taxed on Social Security benefits and missing Medicare enrollment to prevent penalties and extra charges. Plan for long-term care costs and maintain a balanced investment portfolio to avoid financial setbacks in retirement. Remember to make catch-up contributions and consider housing expenses to ensure a secure retirement.

Read more at Yahoo Finance: What Are the Worst Retirement Mistakes People Make?