4 Outdated Retirement "Rules" You May Want to Think Twice About Before Following
Retirement planning can be complicated. It's also highly individual, so there's no easy way to calculate exactly how much money you'll need to cover your costs. But that doesn't stop people from trying.Retirement "rules" have been floating around for decades. They're little shortcuts you can use to estimate how much you need to save, how much you can safely withdraw in retirement, and more. But blindly following these four rules could lead you into trouble.Image source: Getty Images.Continue reading
Retirement planning can be complicated. It's also highly individual, so there's no easy way to calculate exactly how much money you'll need to cover your costs. But that doesn't stop people from trying.
Retirement "rules" have been floating around for decades. They're little shortcuts you can use to estimate how much you need to save, how much you can safely withdraw in retirement, and more. But blindly following these four rules could lead you into trouble.
Image source: Getty Images.
