22% of middle-aged Americans have less than $5,000 in retirement savings. The fact is that many people believe in non-existent things. For example, it is better to buy an annuity before retiring. The product involves high fees, and the smartest way to save is to set money aside for several decades.
Myth #2 – loyalty: some employers provide employees with retirement income. People put up with low pay, an unsuccessful career for the sake of future benefits. By closing the road to his talents, a person closes his material welfare as well.
Another myth is the sale of real estate. Over the past 10 years, the real estate market has been unstable, and spending money on paying a bank for a big house when there is no savings for the future is crazy.
Photos are from open sources.
