Agent Owner, Gilmore Insurance Services, Marysville, Washington State
Which of the following is a common misconception about retirement planning? Well this seems like a test question that the answers were exclued from.... I was going to select A over B, C and D, but since the answers weren't included, I will have to just wing it.
I think the most common misconception about retirement planning is the faliure to really take "time" seriously. Too many people put off retirement planning and the thing they can't get back is the lost time. Time makes retirement planning easy, allows for safer choices and requires less money to make things go. Without time, planning becomes hard, risk becomes greater and you need more money involved. So, the most common misconception about retirement planning is that you can start it later... cheers.
Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
I think that the most common misconception about retirement is that someone else is going to take care of my retirement. The statistics are alarming about how few Americans have any confidence at all that their retirement plan is going to provide the type of retirement that they need. Along the same line another misconception is that I can have a comfortable retirement without putting money into a retirement program. For many reasons that is just not true.
That is an interesting question! I'd list as choices to pick for answers to your question:
A.) I need to start saving for retirement when I am 30 - or so.
B.) I will get enough social security, disability, and Medicare that I really won't need to save
C.) I need to save enough to last 10 years
D.) I need to have at least a years salary put away to be good
E.) All of the above
Which answer would you choose?
Contact me for the one I'd choose, and why. Thanks for asking!
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I think the most common misconception about retirement planning is the faliure to really take "time" seriously. Too many people put off retirement planning and the thing they can't get back is the lost time. Time makes retirement planning easy, allows for safer choices and requires less money to make things go. Without time, planning becomes hard, risk becomes greater and you need more money involved. So, the most common misconception about retirement planning is that you can start it later... cheers.
A.) I need to start saving for retirement when I am 30 - or so.
B.) I will get enough social security, disability, and Medicare that I really won't need to save
C.) I need to save enough to last 10 years
D.) I need to have at least a years salary put away to be good
E.) All of the above
Which answer would you choose?
Contact me for the one I'd choose, and why. Thanks for asking!