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What you're forgetting about retirement

  • Photo: iStockPhoto

    By AJ Smith/

    Planning for retirement can be tricky and you may feel unprepared for planning your financial future. Researching and understanding the retirement process and even using a retirement calculator can be great places to start.

    Though retirement may seem far away, the financial decisions you make now can affect how long it takes you to reach your goal. Retiring the way you want requires planning, budgeting and follow-through.

    But even those who plan carefully can forget to take into account some important factors that could lead to costly mistakes.