6 More Retirement Financial Myths to Avoid

This article appears as part of Casey Weade's Weekend Reading for Retirees series. Every Friday, Casey highlights four hand-picked articles on trending retirement topics and delivers them straight to your email inbox. Get on the list here.

Many retirees, however, still carry around outdated beliefs that can quietly sabotage their happiness and financial well-being. The key is making intentional decisions rooted in a solid plan, not myths or guilt.

Here Are a Few Powerful Reminders:

📌 A one-time splurge won’t break the bank if it’s part of a thoughtful plan

📌 You can give while living—not only for the tax benefits, but for the joy of seeing your gift make a difference

📌 You don’t have to leave everything behind. Spend meaningfully today—on experiences, loved ones, or causes that matter to you.

📌 Reverse mortgages and keeping a mortgage into retirement can be smart tools when used wisely.

📌 Don’t just fear the market—fear fraud. Protecting your identity and assets from scams is just as critical.

Make Note: Your retirement plan should prioritize preservation—but even more so, it should focus on your purpose. Let this article remind you to shape your retirement around what matters most: living a life you love, without regrets.