Stonewood Financial

Posts by

Neil Wilding

Neil Wilding is Chief Distribution Officer at StonewoodFinancial.com

The Great American Savings Myth

Nearly all Americans believe a myth.

Every time savers look at their IRAs, they take part in the Great American Savings Myth: They believe that money is theirs.

It’s an easy myth to accept. When you look at your IRA statement, it says you have a balance of $500,000. And you start thinking of ways you can spend that $500,000: how much income you can generate, what trips you might want to finance.

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