15 Money Myths That Can Destroy Your Retirement

15 Money Myths That Can Destroy Your Retirement

According to a March 2017 GOBankingRates survey, more than half of all Americans will retire broke. Furthermore, the annual Retirement Savings survey found that one in three (34 percent) respondents said they had $0 tucked away for their golden years.

If you’re late to the retirement savings game, or simply don’t think you have enough money saved up to live your American Dream comfortably after you stop working, it may be time to revisit some of your beliefs about saving money and investing. From postponing savings contributions to assuming health insurance and Social Security will have you covered, you’ll want to change some of your beliefs about money immediately — or risk jeopardizing your retirement savings.