1. 13 Money Lies You Should Stop Telling Yourself By Age 40

    13 Money Lies You Should Stop Telling Yourself By Age 40

    Most of us know what we should be doing with our money. But saving and investing and filling out paperwork is hard, so we tend to make excuses to avoid it.

    By the time you hit 40, rationalizing away your bad money management habits starts to have a serious impact on your financial future (not to mention age you).  

    Here are some of the top money lies that you should stop telling yourself by age 40:

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    1. Many studies show that some retirees even spend more in retirement than they did when they were working.
    2. More and more Americans say they plan to pay for retirement by working longer, but in reality many retirees end up quitting sooner than planned.
    3. Medicare pays for limited nursing-home and home-health care for short periods to provide continuing care after a hospital stay.
    4. Stick to the boring but effective strategy of saving early and often, watch investing fees, and  picking an asset allocation plan  where you can stay the course when the market inevitably takes a dive.
    5. You might be cheating your future self.
    6. S ometimes it just takes a lot of handholding because investors don't like to write that check.
    7. People spend most of their time planning their finances for old age, but not their fulfillment
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