10 Retirement Planning Myths and Mistakes that One Needs to Avoid

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:

Retirement Myths and Mistakes

  1. I’m only in my 20’s.  It’s too early to think about that. 
  2. I’ll delay saving until later when I have more money.
  3. My employment pension will be enough to take care of post-retirement life
  4. I need a huge amount to start planning for retirement with
  5. I only need to plan for 10-15 years of post-retirement life
  6. I am saving for retirement so I don’t need to invest it
  7. My spouse/kids will take care of me in retirement
  8. My health care wont cost THAT much
  9. My retirement planning consists of safe capital preservation rather than growth
  10. I will spend less in retirement

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