5 Really Bad Financial Decisions and How to Avoid Them

Plus, what you can do to fix mistakes and protect your assets

Retirement advice is as plentiful as the bills that roll in each month. But despite the avalanche of tips for boosting your savings, people still make dreadful financial decisions. And these gaffes, which range from embracing get-rich-quick schemes to treating a 401(k) retirement plan like an ATM, can often sabotage a financial plan, retirement portfolio or debt reduction program.