Financial Fact vs Fiction: The Truth About Social Security Entitlement
Despite the 'entitlement' moniker, Social Security and Medicare are benefits that workers earn.
Reverse mortgages can be a strategic tool for certain people.
This article sets the record straight on three other myths.
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Editor's Note
This is part four of a four-part series exploring financial fact vs fiction, examining the top 20 most common financial myths.
Each article examines five of the top 20 most common financial myths — from investments to retirement and Social Security to life insurance.
Previous parts covered 15 myths, including This Roth Conversion Myth Could Cost You, Why Your 'Magic Number' Isn't Actually Magical and Why Inflation Is Lower, But Prices Are Not.
Author's summary: Financial myths debunked.