Retirement

We all grow up hearing the same financial advice: Spend less, save more, and invest early. While most of these words of wisdom ring true, there are lots of widespread money management tips that are actually false.

Outlined here are 7 money myths that might be causing you more financial stress than benefit.

Preparing for retirement is a major life event that requires decades of planning. Retiring alone can be even more daunting because you’ll need to take specific steps to ensure you’re ready to leave the workforce and live out your years on your own.