People fantasize about leaving their jobs and having the good life, a better life in retirement than what they have now! This is the biggest myth of all.
Video Blog: Click play to see video, shot on Boylston Street, of folks sharing their dream retirement locations.
Working in retirement sounds like a great idea, but there are many reasons why it may not work out for you.
Social Security was never meant to be your sole source of income during retirement, so look into having at least two more income streams.
You can’t rely on mom and dad to fund your retirement, so build your own retirement fund.
Waiting to start to save until you are 40 is a big financial mistake.
Studies and surveys have shown that most Boomers have not saved enough and you know you have not saved enough.
So how does a thirty-year-old become a millionaire?
Retirement folklore seems to have everyone believing you need $1 million to be able to retire.
T. Rowe Price’s 2013 Parents, Kids & Money Survey reveals that many parents are just not doing what it will take to prepare their families’ finances for the long term.