Don’t fall victim to these retirement myths!
There are so many myths out there about Social Security and retirement, it’s hard to count them. Some are innocuous, but some can really hurt you, such as thinking you can live on Social Security benefits alone, or believing that Medicare will cover all of your healthcare expenses in retirement, or blindly following the popular “4% rule” when it comes to withdrawing money from your retirement nest egg. In this Motley Fool article by Maurie Backman, the author describes these dangerous myths in fair detail, and offers some thoughts on alternative thinking. Click here to read more.