The major mistake people make in retirement planning is:

Question

Quizplus · Accepted Answer

The best choice is E, as all three options are common mistakes people make in retirement planning. Starting too late can mean missing out on years of compounding interest, saving too little means not having enough money saved up to support oneself throughout retirement, and investing too conservatively can mean missing out on potential returns that could help build a larger retirement nest egg. It is important to start planning and saving for retirement as early as possible, save as much as you can, and invest in a diversified portfolio that balances risk and reward appropriately.

The Major Mistake People Make in Retirement Planning Is