Episode 70: Are These Financial Views Fact or Fiction?

When it comes to your financial plan, are you basing it off of facts or fiction? Consider the decisions you’re making and where you’re getting your information. We'll help you do that on this episode.

 

Read more and get additional resources: https://coveryourassetskc.com/episode-70-are-these-financial-views-fact-or-fiction/ 

 

Today's rundown: 

0:29 - Fact or Fiction: Your Social Security is taxable.

2:22 - Fact or Fiction: Your taxes will likely be lower in retirement.

4:00 - Fact or Fiction: Term life insurance is better than whole insurance.

5:25 - Fact or Fiction: Medicare will cover most of your medical needs in retirement.

6:14 - Fact or Fiction: As you get older, you should gradually switch from stocks to bonds.