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Five biggest mistakes people make saving for retirement

The Age |  31 December 2016  |  Portfolio

ETFSaving for retirement is a multi-decade investing venture, even for those approaching retirement. Indeed, actuaries in 2015 stated that there is a 70 per cent chance that one of a 65-year-old couple will reach 90 years old, meaning that even retirement is a multi-decade investing proposition.

Mistake 1

When starting a new job, employees need to choose where their regular superannuation contributions will be invested by their new employer.

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