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Debunking 5 Common Retirement Myths

Do you think you’re prepared for retirement? Do you have enough savings to get you through your retirement years? Many people have false beliefs about this stage of their lives, which is why many people aren’t as prepared as they think. Here are five common retirement myths and the reasons why they’re not true.

Are You Thinking About Tapping into Your 401(k)?

The sudden downturn in the market has left many people out of work, which can cause people to make drastic and emotional financial decisions. You might be looking at your options and wondering how you will survive these difficult times. You might even be thinking about tapping into your savings, including your 401(k). But before you think about digging into your retirement nest egg, there are some things you need to know before you make a decision.