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7 retirement investing mistakes to avoid at all costs

Bankrate Logo By Sheyna Steiner of Bankrate | Slide 1 of 8: <p>Investing mistakes can cost investors lots of money and even derail plans for retirement.</p><p>Take unadvertised fees, for instance. Paying an additional 1 percent in fees every year over the span of a career can lighten your account by tens of thousands of dollars at retirement.</p><p>Similarly, investing too conservatively is riskier in the long run. When investors ignore unseen sources of risk, they hurt themselves. Since the market crash in 2008, many investors have been hesitant to take risks with their portfolio because they don't want to lose money.</p><p>Learn how to avoid these seven biggest investing mistakes so you can reach your retirement goals.</p>

Avoid investing potholes

Investing mistakes can cost investors lots of money and even derail plans for retirement.

Take unadvertised fees, for instance. Paying an additional 1 percent in fees every year over the span of a career can lighten your account by tens of thousands of dollars at retirement.

Similarly, investing too conservatively is riskier in the long run. When investors ignore unseen sources of risk, they hurt themselves. Since the market crash in 2008, many investors have been hesitant to take risks with their portfolio because they don't want to lose money.

Click ahead to learn how to avoid these seven biggest investing mistakes so you can reach your retirement goals.

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