Follow Us: Google+
 
Bankrate.com

retirement

7 retirement-planning myths to dispel

Dispel retirement rumors
Next
Slide 1 of 8
Dispel retirement rumors

Planning for retirement is tough enough these days; living in retirement can be even tougher. That's why it's important to avoid being misled by the growing number of myths surrounding the difficult job of preparing for and living in a financially comfortable retirement.

Bankrate spoke to several financial professionals to get their perspective on those old chestnuts about retirement.


Next
Slide 1 of 8

 

 

advertisement

Show Bankrate's community sharing policy
            Connect with us
Compare MMA Rates



advertisement
Most Read
  1. Beach towns with bargain homes
  2. 6 tips for successful yard sale
  3. Nick Nolte's house for sale
  4. 5 costliest tickets for car insurance
  5. 7 sedans for the young at heart
  6. 5 car models that lose value
  7. Ali Landry's house for sale
  8. Headlight requirements by state
  9. 9 gas-only, fuel-efficient cars
  10. 8 eerie ghost towns
Overnight Averages
Product Rate +/- Last week
30 yr fixed mtg
3.77% 3.60%
15 yr fixed mtg
2.88% 2.74%
5/1 ARM
2.66% 2.54%
View rates in your area:
Product Rate +/- Last week
$30K HELOC
4.98% 4.99%
$30K home equity loan
6.17% 6.19%
$50K HELOC
4.56% 4.56%
View rates in your area:
Product Rate +/- Last week
48 month used car loan
2.92% 2.93%
48 month new car loan
2.45% 2.45%
36 month used car loan
2.88% 2.88%
View rates in your area:
Product Yield +/- Last week
6 month CD
0.45% 0.41%
1 yr CD
0.67% 0.62%
5 yr CD
1.24% 1.22%
Compare rates:
Product Rate
Balance Transfer Cards 15.92%
Cash Back Cards 16.34%
Low Interest Cards 11.01%
Compare rates:
How are 401(k) investors doing? We're doing the best we can, given the circumstances.
advertisement
Partner Center
advertisement

Advertising Disclosure: Bankrate.com is an independent, advertising-supported comparison service. Bankrate may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website.