CNBC’s Sharon Epperson discusses popular myths surrounding retirement and says the amount of money you really need depends on what you plan to do.
Myth # 1: The 401(k) was created to boost your retirement dollars.
Myth # 2: You need 80 percent of your current income level in retirement.
Myth # 3: You’re too young to start paying for long-term care.
Myth # 4: Don’t ever touch your principal.
Myth # 5: You can bank on your annuity.
Myth # 6: Retirement shortfall warning bells are waking up Americans.
Read More about Investing in a Precious Metals IRA/401(k) retirement plan.
Related posts