The big mistake most people make when planning for retirement

When planning for retirement, it pays to be specific

Retiring to the cabin.
(Image credit: iStock)

Preparing for your "golden years" is a big focus of any financial plan. Will you invest in real estate and the stock market to save? Do you have an IRA or company retirement plan? These are all great questions. But making sure you're covered financially is only one part of the bigger picture. The question that is often overlooked when planning for retirement is how, exactly, you want your life to look after you retire. As in: What do you want to do with your time?

Retirement planning isn't just about the money, but is equally about the significant life changes you will face.

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Shelley Seale

Shelley Seale is a freelance journalist and author in Austin who has written for National Geographic, USA Today, The Guardian, and Texas Monthly, among others. She loves yoga, indie movies, wine, and books, though not necessarily in that order. Shelley has performed a catch on the flying trapeze, boarded down a live volcano and was once robbed by a monkey in Nepal. But she doesn't know how to whistle.