The Biggest Retirement Mistake I See

The biggest retirement mistake I see has nothing to do with picking the wrong investments. It’s retiring without a clear income plan. 

I often use a mountain‑climbing analogy to explain this. The goal isn’t just to reach the summit, it’s also to safely make it back down. Most people spend decades focused on the climb. Saving, investing, and accumulating wealth. 

Retirement is the descent. And the descent is often riskier. 

As you approach retirement, the focus shifts from accumulation to decumulation. From building savings to turning those savings into dependable income. 

When income, taxes, healthcare costs, and market changes aren’t coordinated, even a strong portfolio can feel unstable. 

A comprehensive retirement plan prepares for this transition. That’s what turns the descent into a safe return and reduces risk along the way.