HUNT VALLEY, Md. ( TheStreet) -- There are many issues that could be listed among the biggest planning mistakes, such as improper investment allocation or loose cash flow management. The one not so often considered a mistake is poor debt management, and you may be surprised by what that means.Everyone understands retirement is going to be tough to achieve when overloaded with debt, so it is a given that everyone serious about retirement must first and foremost eliminate consumer debt from cars, revolving credit or credit cards. These are the cancers of effective retirement planning.
|Warning! You may be going about being debt free the wrong way.|