Dipping into your retirement savings may not seem risky or short-sighted, especially if your retirement is decades away. That's not how today's retirees tend to look back on that decision, though.

Why? If you can't put those funds back quickly — and if you're not planning catch-up contributions later — you could be picking the pockets of your retired self, who likely won't have the income you do now. You may also be forfeiting employer contributions. All of that can mean less support in retirement, which can compound your future financial stresses.

What to do now: Look at your retirement savings as "untouchable" during your working years. Only consider borrowing from it as a last resort and with a solid plan to get caught back up as soon as possible.

Retirement can seem like a structureless, schedule-free time. Even though many of us look forward to that part of retirement, it's not necessarily the best way to enter life as a retiree.

Why? Without the structure and interactions of work life, too much free time can cease to be a good thing, giving way to extreme boredom and loneliness.^{1, 2}

What to do now: Think about a new routine, how you want to spend your time, and a loose structure for your day-to-day life. Having a new routine to rely on can make it easier to turn the page from work life to retired life.

Where do you want to live when you retire? Whatever sounds good on paper may not be the same in reality, especially if you're planning to move somewhere you've never lived before.

Why? Local taxes, limited healthcare options, and seasonal changes could surprise you. So could new distance from your loved ones and other factors you wouldn't know without spending more time somewhere.

What to do now: If you plan to retire somewhere other than where you live now, plan an extended visit, so you can get a better feel of the area — and whether it's really a good fit for you in retirement.

Credit cards usually have high interest rates. Carrying that expensive debt into retirement may not set you up for an easy life when you retire.

Why? Retirees typically live off of fixed incomes. The fewer expenses that come out of that income, the more there is to enjoy month after month. So, if you retire with credit card debt, you could be saddling yourself with extra financial burdens in retirement.

What to do now: Make a plan for paying down any credit card before you retire. Run the numbers to see which debt is costing you the most, based on the balance and interest rate, and focus on paying your most expensive debts down first.

No matter what you plan now, life can change in the blink of an eye. When that happens, plans you've spent years making may no longer serve your needs.

Why? Growing families, changing health, and so much more may make today's plans less ideal tomorrow. If you've built some flexibility into your retirement plans, you'll have an easier time shifting gears and making key adjustments.

What to do now: Don't forget about contingency plans, how your health can evolve over time, and how your wishes can too. Make it a point to factor some flexibility into your plans and revisit your retirement plans regularly, so you can update them whenever you need to.