A few months ago, Outreach NC (Aging Outreach Service’s monthly publication) sat down with Doug Lynam to talk about money, anxiety and retirement. Lynam is financial advisor who’s helped thousands of clients manage their assets and find peace in retirement.
ONC published Lynam’s thoughts on anxious, money myths and retirement, and we also sat down with Lynam on our podcast: All Things Aging.
In both, Lynam explores 7 money myths that keep retirees stuck in cycles of anxiety and distracted from the very goals they planned for their golden years.
Myth 1: “Money is just a practical issue.”
Myth 2: “If I’ve saved enough, I’ll feel secure.”
Myth 3: “I’ll be happy when I finally retire.”
Myth 4: “Medicare will cover my healthcare costs.”
Myth 5: “Being frugal is always wise.”
Myth 6: “My family is better off not knowing.”
Myth 7: “I’ve always been this way with money, and that won’t change.”
Listen to Lynam’s thoughts here at All Things Aging:
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