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But some money moves could actually be harmful to your long-term plans.

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If you have done this analysis, does it show you ever running out of money in retirement?

If so, you have some more work to do.

Remember, running out of money before you run out of breath is not a good strategy.

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Below are the top money moves experts warn to avoid making.

Missing out on these could mean leaving valuable tax benefits and compounding growth untapped, he said.

He said blindly adhering tosuch outdated advicecould either deplete your savings too quickly or leave you living too frugally.

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It is essential to set boundaries and prioritize your own financial security first.

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