10 Retirement Planning Myths and Mistakes that One Needs to Avoid
Planning for a happy retirement? Its important that you avoid these 10 myths and mistakes on the way there:
- I’m only in my 20’s. It’s too early to think about that.
- I’ll delay saving until later when I have more money.
- My employment pension will be enough to take care of post-retirement life
- I need a huge amount to start planning for retirement with
- I only need to plan for 10-15 years of post-retirement life
- I am saving for retirement so I don’t need to invest it
- My spouse/kids will take care of me in retirement
- My health care wont cost THAT much
- My retirement planning consists of safe capital preservation rather than growth
- I will spend less in retirement
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