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3 Outdated Retirement Rules You Should Ignore


There's a lot of advice about the best ways to prepare for retirement, and it can sometimes be tough to distinguish the good from the bad. Especially considering everyone's situation is different and people need to tailor their financial planning to fit their needs, there are not many hard-and-fast rules for saving for life after work.

There are a few, however, that are not as helpful as you may think. These are sneaky in that they often seem like good ideas, but in reality, they can potentially do more harm to your finances than good. Here are three retirement rules you shouldn't follow:

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Source Fool.com

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