There’s rarely a one-size-fits-all solution for any personal finance issue. So, you need to be careful when you’re doing your homework. Because something that’s touted as the “be all and end all” solution for a specific issue could be the exact opposite … of what YOU really should do.
In this episode, we’ll talk about 5 common retirement planning myths that no longer stand a chance against the challenges you’ll face today, here are the first three:
- Your taxes will be lower in retirement.
- The “4% rule” is always a safe withdrawal rate.
- Delaying Social Security until age 70 will always yield more “net” income.
Host Ben Christy interviews Beacon Capital Management’s Senior Partner and Co-Owner, Pete Benson, and Executive Vice President, Dan Benson, for this episode of the Beacon Retirement Strategies Radio Show: 5 Common Myths About Planning for Retirement Today