Holly Mckay
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Five Biggest Financial Mistakes to Avoid in Retirement

By Boring Money

19 Aug, 2025

Don’t let retirement catch you off guard.

We spend decades saving for later life, but too many people still find themselves short of cash when the paycheques stop.

The good news? Most of the biggest mistakes are avoidable. From not having a clear plan, to missing out on benefits, to paying more tax than you need to, the pitfalls are common - but they don’t have to be yours.

This guide cuts through the jargon and highlights the five biggest financial mistakes to avoid in retirement, and what to do instead.

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