Ah, retirement! We’ve all imagined that glorious day when we clock out of the office for the last time and we’re free of early morning commutes, meetings, bosses and stress. The heavenly image of the commitment-free but stable and fulfilling golden years of your life should be everything you dreamed of, however, there are quite a few common mistakes that any retiree must be aware of. Make the right choices now to make sure your retirement is as painless and awesome as you deserve, and steer clear of these 12 pitfalls!

1. No Plan

Failing to plan is the same thing as planning to fail. Prepare financially in advance and during your retirement, as well as setting life goals and aims. Ask your bank about setting up a pension scheme today!