MYTH NO. 7: You'll be able to make up a savings shortfall by retiring later or working part-time in retirement.That's a hope or last resort, not a plan. It's unwise to rely on future circumstances for your 60s or beyond. Forty percent of retirees surveyed by consulting firm McKinsey & Co. said they were forced to stop working earlier than they had planned, citing health reasons, having to care for a spouse or family member, or a layoff.
7 Retirement Planning Myths Debunked
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