Skip to content

Learn how you can debunk the 10 common misconceptions about retirement that your clients may have. 

Download Your Reports

No part of any report may be reproduced or translated without written permission from LIMRA. Please contact Customer Service for further information.

Summary

Myths and misconceptions get in the way of planning for a secure retirement. This report debunks 10 commonly circulated and widely believed myths. We provide key facts and a game plan to help your company and advisors guide people to better retirement planning. The ten myths and misconceptions we help you tackle include:

  • “I won’t live that long.”
  • “I’ll keep working and never retire,” or “I’ll retire when I want to.”
  • “Medicare will take care of health and long-term care costs in retirement.”
  • “Annuities are bad investments.”

Must See Video

Retirement myth: I’ll die before I have to worry.

Show people the need to plan for a long life — because they may have one.

Retirement myth: I’ll just keep working.

Help people understand why they may not be able to count on working after they reach retirement age.

Retirement myth: Medicare covers that.

Give people clarity about paying for health and long-term care costs.

Related Research


Meet the Project Director


For more information, please contact jiqbal@limra.com.