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March 27, 2025 23 mins

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 going to unpack five common myths that trick retirees into making emotional or short-sighted decisions.

Here’s some of what we cover:

🎭 Don’t get fooled by “guaranteed high returns”

🕒 Social Security timing is more than just fear of missing out

💰 Tax burdens in retirement can be higher—not lower

💡 Being frugal isn't a retirement strategy—it’s a mindset

🏥 Relying on your kids for care isn’t a long-term plan

 

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