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Retirement Half-Truths: Beware of These Potentially Misleading Statements (Part 2)
Manage episode 443321178 series 2712818
Michael Schulte द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Michael Schulte या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
When it comes to planning for retirement, there's no shortage of advice out there. Unfortunately, much of it can be misleading or only half-true. That can be a problem for investors because they end up following guidance that doesn’t apply to their situation. Today we continue our two-part discussion on these potentially misleading statements by shedding light on some of the most common retirement half-truths and explain why they might not tell the whole story.
Here’s what we discuss in this episode:
- Half-truth #6: You should withdraw 4% annually from your retirement savings.
- Half-truth #7: Saving just enough to match your employer’s 401(k) contribution is sufficient.
- Half-truth #8: You don’t need a retirement plan if you plan to work throughout retirement.
- Half-truth #9: Medicare will take care of all your healthcare needs after retirement.
- Half-truth #10: Social Security will cover your basic expenses in retirement.
Learn more: https://caffeinecashflow.com/
Get in touch with Michael-
Web: https://www.westpacwealth.com/team/michael-schulte
Email: michael.schulte@westpacwealth.com
Phone: 702-767-4897
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