3 Dangerous Misconceptions About Saving for Retirement
There are two things virtually everyone can agree on when it comes to saving for retirement. First, it's necessary if you ever plan to exit the workforce. Second, figuring out how much you need to save and the best place to stash those savings can be challenging. This difficulty leads many to guess at how much to save, or to latch on to simplistic "rules" that may not apply to them.
That might help you avoid some confusion or stress in the short term, but it could create even more problems in the long run. Here are three of the most dangerous misconceptions people have about saving for retirement, none of which you can afford to believe.
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Source Fool.com
