You can now read 10 articles in a month for free on BostonGlobe.com. Read as much as you want anywhere and anytime for just 99¢.

The Boston Globe

Business

Top 10 retirement planning mistakes

The timing couldn’t be worse: The largest generation in our history is approaching retirement age during the worst economic downturn since the Great Depression.

The need to build retirement security has never been greater. But one of the main obstacles is the current concept of retirement--the idea that people should stop working in their early sixties and take it easy. The number of years that you’ll have to fund after you stop working is one of the most important variables affecting retirement security. Paying for retirement has become more challenging in light of recession-ravaged 401(k)s and plunging housing values. And those resources must be spread over a growing number of years.

Loading comments...

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week