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    • 10 Common Myths That Could Be Hurting Your Retirement Planning

10 Common Myths That Could Be Hurting Your Retirement Planning

8:47 AM  Pisstol Aer   Labels:


Are you suffering from common misconceptions about retirement planning?

1. It’s too early to start saving for retirement. 
2. I’ll need about 80% of my current income in retirement.   
3. I won’t see a dime from Social Security. 
4. If I contribute to a retirement plan, my money will be all tied up.   
5. I should automatically roll my retirement plans into an IRA when I leave a company. 
6. I can’t contribute to an IRA because I have a retirement plan at work. 
7. My income is too high to put money in a Roth IRA.   
8. My tax rate will be the same in retirement so I don’t get any benefit from tax-deferral. 
9. I can be well-diversified by just spreading money around all the options in my retirement plan.   
10. I should invest my retirement account in the top-performing funds. 
Check out the advice of  Erik Carter, JD, CFP® at

http://www.forbes.com/sites/financialfinesse/2012/08/22/10-common-myths-that-could-be-hurting-your-retirement-planning/

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10 Common Myths That Could Be Hurting Your Retirement Planning
10 Common Myths That Could Be Hurting Your Retirement Planning
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