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This Retirement Myth Could Cost You $100,000


During your working years, retirement can feel like it's a lifetime away, but it creeps up faster than you think. Hopefully, by the time you get there, you've managed to save enough to cover all of your costs. But this isn't always easy. And for those who fall for the common retirement myth discussed below, saving enough could be an even bigger challenge.

When you first start out in your career, you're probably looking at 30 to 40 years in the workforce (at least) before you can afford to retire. For some people, it's even longer.

Image source: Getty Images.

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Source Fool.com


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