Retirement is something that is not going to be gift wrapped and handed to you when you reach a certain birthday. Unfortunately, there are those who buy into certain misconceptions. They believe that retirement is lying in wait, and they don't take any steps to proactively make financial preparations.We would like to take a look at three of these misconceptions here.1.) Health care is a given because I'm going to qualify for Medicare coverage.Medicare is not entirely comprehensive; it is … [Read more...] about Top Three Retirement Planning Misconceptions
When you speak with a retirement planning attorney about your future he or she is going to explain the limitations of Social Security.Thinking that you will be able to get by on Social Security alone is a mistake, and this is why advance planning with the benefit of expert guidance is so important.Why is it a mistake? The answer is because Social Security benefits are quite limited. The average monthly benefit in 2012 was less than $1250, and even the maximum of $2513 is not exactly a … [Read more...] about Social Security: How, When & How Much?