Posts tagged ‘cost of living’

Busted: The 5% Myth

When you retire, you’ll likely have a nice amount of money saved up — possibly even more than you thought you’d have. So withdrawing a small amount, such as five percent or even a little more, each year to help cover your expenses during retirement won’t add up to much, right? Wrong. One of…

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Retirement Myth-busters

Ready to bust some myths? (No, we’re not setting off rockets or combining Diet Coke and Mentos. We’ll leave that to the Discovery Channel’s “MythBusters” guys.) I’m talking about retirement myths. And there are a lot of them. This is the first in a series of…

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