Not Planning for

Contingencies

#1 Mistake

Plan for the unexpected! Owning the proper

amount of disability and life insurance is key to

ensuring your family is financially secure if

misfortune strikes.

#1 Mistake

Saving Like You’re

Broke!

#2 Mistake

How do you save more? A few changes to your

monthly dining out and shopping budget may

free up another 5% to10% of pre-tax income to

be earmarked for retirement.

#2 Mistake

The reality is that saving 4% of your income on a

pre-tax basis is not going to cut it! You’re not in

your 20’s – don’t save like you are!

#2 Mistake

Getting Too

Conservative Too Soon

#3 Mistake

You’re still young! Your investment asset allocation should

be based on your time horizon, financial goals and

appropriate risk profile.

#3 Mistake

Stick with your long-term investment plan and

DON’T TRY TO TIME THE MARKET!

#3 Mistake

#4 Mistake

Using Your 401(k)

like an Emergency Fund

#4 Mistake

If you withdraw $50,000 from your 401(k) and repay it

with interest over the next 5 years, don’t fool yourself into

thinking you will make yourself whole. You can never

make up the lost compounding or the potentially higher

investment returns on your 401(k) investments.

#4 Mistake

Bar graph here maybe…

#4 Mistake

When investing in the stock market, time is the most

powerful tool. Losing time will likely mean less money

and fewer choices during retirement.

#5 Mistake

Using Your 401(k)

like an Emergency Fund