3 Pieces of Toxic Retirement Advice You Must Ignore
Planning for retirement is a far better move than just winging it. But in the course of your planning, you may come across certain pieces of advice that could end up leading you seriously astray. Here are a few such myths you must avoid at all costs.
Most seniors need to replace about 70% to 80% of their pre-retirement income to live comfortably. Now there's some wiggle room in this formula, and you may do just fine replacing, say, 60% of your former income.
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Source Fool.com
