Bad Retirement Advice That Most People Believe (But Should Avoid)

Planning for retirement is different than it was years ago.

Pensions are a thing of the past and the longevity of social security is iffy.

And the stock market seems to be one bubble after the next.

Here is some of the worst advice people still believe, but you should avoid.

Bad advice #1:  $1 million in the bank equals retirement success

Bad advice #2:  Annuities and whole life insurance will protect your income

Bad advice #3:  You can't afford a house because of your Starbucks habit

Bad advice #4:  Always withdraw from taxable accounts first

Swipe up for more bad retirement advice to avoid!