The Compass Wealth Conversations Podcast
Retirement Myths Busted: What’s Fact, What’s Fiction? (Ep. 9)
What retirement myths are holding you back?
In this episode, Brendon Murphy sorts through some misleading beliefs about retirement. Discover why you might not actually spend less in retirement, how to plan for longevity, and debunk the idea that Social Security will cover all your expenses. This episode offers a conversational yet insightful peek into the realities of retirement planning.
Brendon discusses:
- (02:01) Spending expectations in retirement and the reality of initial costs
- (05:08) Social Security misconceptions and supplemental income needs
- (09:51) Importance of early savings to leverage compounding interest
- (12:18) Planning for healthcare needs and living longer
- And more
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