Retirement Myths

RVs, Recreational Vehicle

Retirement Myth #5: And They Lived Happily Ever After In Retirement

That’s not reality. You need to plan for the soft side of retirement as well as the financial side.

WBZ NewsRadio 1030–05/29/2015

(File Photo Credit: YURI CORTEZ/AFP/GettyImages)

Retirement Myth #4: I Plan To Work Forever

The reality is that may not be possible for a variety of reasons.

WBZ NewsRadio 1030–05/28/2015

SS, Benefits, Medicare, Retirement

Retirement Myth #3: Social Security Will Be Enough

The reality is Social Security was designed to replace only about 40% of your current paycheck and less if you are a high wage earner.

WBZ NewsRadio 1030–05/27/2015

Cash, 100 Dollar Bill, Mint, Inheritance

Retirement Myth #2: Mom And Dad Are Going To Leave Their Money To Me

The reality is there may not be much money left to inherit.

WBZ NewsRadio 1030–05/26/2015

(credit: Photo by Arif Ali/AFP/Getty Images)

Retirement Myth #1: I Can Wait Until I’m Earning More To Save For Retirement

The reality is if you start later in your working career you will need to save more money than if you had started younger.

WBZ NewsRadio 1030–05/25/2015

Food, shop, shoppe

Start Saving For Retirement When You’re Young

The reality is that you’re responsible for your own retirement savings, so start saving in your 20’s.

WBZ NewsRadio 1030–05/28/2012

Money Matters – Retirement Myth #5: We’ll Live Happily Ever After In Retirement

The reality is you need to plan for the soft side of retirement as well as the financial side.

WBZ NewsRadio 1030–06/10/2011