How Perfection Will Derail Your Retirement

One of the biggest obstacles investors face on the road to a secure retirement is the pursuit of perfection. This may seem counterintuitive. Our culture touts “practice makes perfect”, we should be continuously training to achieve perfection. Unfortunately, in the world of investing, striving for perfection generally leads to inaction and missed opportunities. Continuously searching for the ideal set of circumstances, which never seem to materialize, causes folks to delay the important planning necessary to prepare for one’s financial future.

The below list highlights several traps into which investors fall in their quest for investment perfection. Investors should be aware of these missteps and not let them inhibit their ability to achieve their financial objectives.