3 Money Myths That Could Ruin Your Retirement

One of the scariest parts of retirement planning is that it's tough to tell whether you're on track. Everyone has different goals, and even if you save enough to reach your target, it's impossible to guarantee it'll be enough to last the rest of your life. You might reach retirement age thinking you've done everything right, only to find out your money won't go nearly as far as you think it will.

Although saving for retirement isn't easy, you might be making it more difficult than it needs to be. There are a few money myths that can trick you into believing you're doing everything you should to prepare for retirement, when in fact, you might be doing more harm than good.

To ensure you're not inadvertently setting yourself up for money problems in retirement, make sure to avoid falling for these three myths.

Source Fool.com