10 Common Retirement Myths And Why They’re Dangerous

2026-01-29

💼 Want expert help in planning for your financial future? Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg There’s no shortage of retirement advice out there, but not all of it is helpful, and some of it can quietly do real damage. Today, Scott walks through 10 of the most common retirement planning myths and explains why relying on them can derail an otherwise solid plan. Before assuming something is “just how retirement works,” it’s worth taking a closer look. Here’s what we cover in this episode:

💼 Want expert help in planning for your financial future?

Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg

There’s no shortage of retirement advice out there, but not all of it is helpful, and some of it can quietly do real damage. Today, Scott walks through 10 of the most common retirement planning myths and explains why relying on them can derail an otherwise solid plan. Before assuming something is “just how retirement works,” it’s worth taking a closer look.

Here’s what we cover in this episode:

📚 The “Thick Plan” Fallacy: Why bigger financial plans don’t automatically mean better outcomes

💑 Survivor Income Assumptions: A surviving spouse usually needs more income than expected

📉 Stocks vs. Bonds in Retirement: Age alone isn’t a reliable investment guide

🛑 Spending During Market Downturns: Why “just stop spending” isn’t a realistic strategy

🤯 Decision Fatigue in Retirement: Financial decisions often become more complex, not less

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