In This Episode:
April Fool’s Day is all about jokes and pranks, but when it comes to retirement planning, getting fooled can cost you real money. Today, we’re unpacking five retirement myths that often trick retirees into making decisions based on fear or flawed assumptions.
Each of these beliefs seems reasonable at first glance but can lead to costly missteps, and we’ll cover some important planning strategies everyone needs to get right. Ryan helps break down why these ideas persist, what the real risks are, and how retirees can avoid being fooled by outdated or oversimplified advice.
Here’s what we discuss in this episode:
🧠 Don’t let fear rush your Social Security decisions
💸 Tax planning is essential, not optional
⚠️ The 4% rule isn’t a one-size-fits-all solution
📉 Dividend stocks alone won’t fund your retirement
🔄 Retirement planning isn’t “set it and forget it”—adjustments are key
0:00 – Intro
1:35 – Social Security claiming
4:02 – Tax Time Bomb
6:14 – Set it and forget it planning
7:38 – 4% withdrawal rule
9:45 – High dividend stocks
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