Do you know how money works? You might think you do. You make it, you spend it, and you've hopefully been saving it, maybe even investing it. But do you know how to make it work better for your clients?
According to Michael Davis, CEO of Davis Financial Services, Inc., the secret to making money work for you doesn't start with earning a large paycheck – it starts with knowing how to keep it. Here are 7 costly mistakes Davis says retirees should avoid in order to reach a successful retirement.