
5 Retirement Myths Busted!
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About this listen
We’ve all heard the retirement “rules of thumb”, save a million bucks, withdraw 4%, you’ll be fine. But what if those old rules are setting you up for mistakes?
In this episode of That Financial Guy Show, Keith Wilson takes aim at the five most common retirement myths that can derail even the smartest savers. You’ll learn:
- Why the “$1 Million to Retire” rule is misleading (and how inflation + cost of living change everything).
- The truth about Social Security, why it’s not going away, and what really matters.
- Why the famous 4% rule isn’t one-size-fits-all (and what Bill Bengen, Michael Kitces, and even Dave Ramsey get wrong).
- How lifestyle creep quietly eats away at high earners and how to stop it without living like a monk.
- Why money alone doesn’t guarantee happiness in retirement and what to focus on instead.
Retirement isn’t about myths, magic numbers, or fear it’s about clarity, flexibility, and purpose.
🎧 Tune in now to learn what really works when it comes to building and living your best retirement.
Helping you to be wise with your money!
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