I’m a Financial Planner: 6 Retirement Moves You’ll Regret If You Plan To Retire in 2026

Core Insights - Retirement planning for 2026 requires careful consideration of financial strategies to avoid regrets and ensure a stable lifestyle Group 1: Profit Maximization Strategy - Business owners planning to retire in 2026 should consider switching from a tax minimization strategy to a profit maximization strategy to enhance company valuation [2][3] - Engaging with a tax advisor is recommended to understand the implications of this strategy on the sale of the business [2] Group 2: Asset Management - Long-term investors often make the mistake of selling assets to "play it safe," which can lead to passive attrition of retirement funds [4] - Moving assets out of the market, such as cash or certificates of deposit, can hinder growth and result in regret when trying to generate income later [5][6] Group 3: Healthcare Costs - Underestimating healthcare costs and the timing of Medicare eligibility can significantly impact retirement plans [7] - Retiring before age 65 may lead to gaps in health insurance coverage, as COBRA is temporary and Medicare starts at 65 [7]