Five Retirement Myths from the WSJ

I just thought this was a helpful article from the Journal. Note: all of these are untrue.

Retirement Myths
1. $1 Million Will Be Enough
2. You'll Spend Less When You're Older (some expenses go down, others go up)
3. Older People Need More Bonds
4. Your Money Lasts Longer if You Move (states with no income tax make up for it with sales taxes)
5. Uncle Sam Has Got Your Back (retirees often need to supplement Medicare)