We often talk a lot about proper income planning, and managing tolerance, or even how to choose the right advisor. One area of finance that is sometimes neglected is the idea of how an investor’s individual behaviors and emotions can severely influence their chances at success – specifically in retirement.

Pre-retirees and retirees have been saving money their entire lives with hopes that one day that will have saved enough to retire comfortably and enjoy their golden years. It doesn’t take much to let the emotional ties you have to your own money get in the way of making smart, sound financial decisions.