Retirement Planning Advice

In a well-considered article, John Waggoner discusses How to avoid ruining retirement, USA Today, March 17, 2006, at 4B.

Here are the “[f]ive biggest mistakes some people make in retirement planning:

1. Don’t save enough.
2. Don’t keep a large enough emergency fund.
3. Don’t diversify investments.
4. Don’t put enough aside for medical care.
5. Don’t have instructions about health care and other issues.”