Retirement takes planning, but many of us make broad assumptions about how our retirement plan will actually play out. It’s important to be mindful and aware of some of the common planning mistakes that can derail your retirement plan. Elizabeth Scheiderer, Certified Financial Planner, with NCA Financial Planners was here to share the top five myths that many have about retirement planning.
Here are the myths Elizabeth busted:
Myth 1: I know my spending needs…tell us more.
Myth 2: My 401k match is enough
Myth 3: Medical expenses are covered by Medicare
Myth 4: The kids will be self-sufficient
Myth 5: I can do it on my own
Did you believe any of these ‘money myths?’ Will you be contacting NCA Financial for help? Find us on social media at ‘Live on Lakeside’ and let us know!
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