Wealth management Boston

Debunked: 6 Myths About Retirement

This article was written by Darrow advisor Kristin McKenna, CFP® and originally published by Forbes

Considering a Google search for “retirement” produces 1.4 billion results, it should not be a surprise to learn that there’s an overwhelming amount of incomplete or incorrect information on the Internet purported as fact. The truth is that there’s rarely a one-size-fits-all answer to personal finance questions. Even guidance that applies to most Americans today will have several notable exceptionsÉall of which are almost certainly going to change, even over a few years.

While some retirement planning questions are known to be situational, there are others that are too commonly taken to be fact. Here are six such retirement planning myths that need to be debunked.

Myth #1: Before you can retire, you need to have at least $___ saved

Continue To Forbes to Keep Reading…


Sign Up for Weekly Investing Insights


Retirement Planning Guide

From saving for retirement to income and tax strategies in retirement, this comprehensive guide covers all aspects of retirement planning.

Additional Insights

Recent Posts

Information on this website is for informational purposes only and should not be misinterpreted as personalized advice of any kind or a recommendation for any specific investment product, financial or tax strategy. This is a general communication should not be used as the basis for making any type of tax, financial, legal, or investment decision. Disclosure