To achieve the retirement you’ve always dreamed of, a solid strategy is essential. However, your path to a comfortable retirement can easily be derailed by avoidable mistakes. Knowing which missteps to steer clear of can set you on the right course for financial security in your golden years.

Here are nine key retirement mistakes to avoid:

Mistake #1: Lack of a Retirement Plan

If you’re casually contributing to your 401(k) or only saving when you have extra funds, you might find yourself in a tough financial spot when it’s time to retire. Without a clear, consistent plan, you may not save enough to live comfortably in retirement.

Mistake #2: Not Automating Your Savings

Relying on leftover cash after paying bills to save for retirement often leads to missed opportunities. Automating your savings ensures that you consistently contribute to your retirement fund, helping you stay on track to reach your goals.

Mistake #3: Putting All Your Money in One Investment

Concentrating all of your retirement savings in a single investment is risky. Market conditions fluctuate, and you could face significant losses. Diversifying your investment portfolio is crucial to manage risk and safeguard your long-term financial well-being.

Mistake #4: Skipping Professional Financial Advice

Even if you have a solid retirement plan, it’s wise to consult with a financial advisor. They can provide insights into market changes and ensure your portfolio remains aligned with your goals, adjusting as needed.

Mistake #5: Underestimating Healthcare Costs

Healthcare costs are rising steadily, and they can take a significant chunk of your retirement funds. A couple retiring in 2018 would need $280,000 for medical expenses, according to Fidelity. Make sure your retirement plan accounts for these increasing costs.

Mistake #6: Automating Savings, but Saving Too Little

Starting with 5% of your income in retirement savings is a good beginning. However, for a truly comfortable retirement, experts recommend saving around 15% of your income. If your savings rate is too low, it may be difficult to meet your retirement goals.

Mistake #7: Overextending Financial Support to Others

Supporting family members, whether an aging parent or an adult child, is a noble gesture. However, overcommitting to others’ financial needs can put a strain on your own retirement plans. Be mindful of your own financial security first.

Mistake #8: Entering Retirement with Debt

If you carry significant debt—such as credit card balances, mortgages, or loans—into retirement, it can severely limit your disposable income. Aim to pay off as much debt as possible before retiring to reduce financial stress.

Mistake #9: Avoiding Stocks Completely in Your Retirement Plan

While many used to advise against stock investments in retirement, the landscape has changed. With longer life expectancies and rising medical costs, a more growth-oriented investment approach may be necessary. Neglecting stocks entirely could result in insufficient growth for your retirement needs.

By avoiding these common mistakes, you can set yourself up for a much more secure and fulfilling retirement. Planning ahead and staying disciplined are key to achieving financial independence in your later years.