MAY 2008
   
 
Retirement Planning
Myths

by Gene Walden

Preparing for retirement is no easy task. It takes most people their entire working lives to save and invest enough money to finance a comfortable retirement. It also takes some resolve, a positive approach, and some advanced planning.

Here are several myths that tend to keep investors from putting together a suitable financial plan to help them prepare for retirement:

I don’t have the time to do a plan. Free time seems to shrink rather than expand as years go buy. But we still find the time to focus on events and projects that are important to us. You need to make retirement planning a priority and make a point of setting an appointment with your advisor to discuss your retirement plan.

Why would I need a financial plan when I have very little money? The truth is a lack of financial planning may be one of the reasons... MORE

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