Many people spend years socking money away for retirement. And the more savings you manage to accumulate, the more financially secure your senior years might be.

But it's not enough to just save for retirement. It's also important to dig deeply into what being retired means. And part of that is cutting through some of the misinformation that's out there in the context of retirement. Here are three major myths that could hurt you in a pretty big way.

Image source: Getty Images.

Continue reading

Source Fool.com