What if the beliefs you’ve built your retirement plan on were flat-out wrong?
In this episode, we’re breaking down 5 of the most common myths we hear about retirement and how they can quietly sabotage your financial future if you’re not careful.
From thinking you’ll spend less because your mortgage is gone, to blindly believing life is cheaper in retirement, to rushing to claim Social Security before it disappears—these myths may feel logical, but they’re often dangerously misleading.
You’ll also hear how to plan for down markets in retirement, how healthcare costs sneak up fast, and why estate planning isn’t just for the ultra-wealthy.
Bottom line: Retirement planning isn’t one-size-fits-all. And believing the wrong thing at the wrong time can cost you.
KEY TAKEAWAYS
- Why There’s So Much Misinformation About Retirement
- Is Life Cheaper In Retirement?
- The Truth About Social Security Going Away
- How to Plan for Down Markets in Retirement
- Retiring Mortgage-Free Doesn’t Equal Extra Cash
- Do I Really Need an Estate Plan?
- You Need a Retirement Plan Built for You
SELECTED LINKS FROM THE EPISODE
INSPIRING QUOTE
- “Just blindly assuming that life is cheaper in retirement is probably a costly mistake.” – Mike Panico
- “If you have to take years off from living your best life because the market is down… you don’t really have a good plan.” – Mike Panico
- “I would say the biggest truth out of all these myths is that retirement planning is very individualized and you have to talk to a professional that knows your situation to help you plan for retirement.” – Jessica Panico
DISCLOSURE
Arcadia Wealth Management, LLC (Arcadia) is an investment adviser registered with the U.S. Securities and Exchange Commission (SEC). The information presented in this video is for educational and informational purposes only and is intended for a broad, general audience. It is not intended as, and should not be construed as, an offer, solicitation, or recommendation to buy or sell any securities or to adopt any investment strategy. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. Any references to investment strategies, philosophies, or client experiences are illustrative and may not be representative of all clients or outcomes.
Arcadia Financial has a reasonable basis to believe that this content does not include any false or materially misleading statements and presents information in a fair and balanced manner. No portion of this communication should be construed as tax, legal, or accounting advice. Please consult your own tax or legal professional for guidance specific to your situation.
Investment advisory services are provided through Arcadia Wealth Management, LLC, an SEC-registered investment adviser. Insurance products and services are offered through Arcadia Financial Group, LLC, by appropriately licensed agents. Bookkeeping and tax preparation services are provided by Arcadia Tax, LLC. These affiliated entities operate independently but are under common ownership.
