Retirement isn't what it was when your parents left the workforce. In fact, it may not be what it was even a decade ago. In YMYW podcast episode 30, Joe Anderson & Al Clopine, dive into the realities of retirement as they shed light on 10 mistakes to avoid when achieving your retirement goals. They close the hour providing 11 fast facts about Roth IRAs. Original publish date May 14, 2016 (hour 2). Note that content may be outdated as rules and regulations have changed. 00:00 - Intro 05:59 - "You want to have an advisor that can really understand cash flow needs throughout retirement, taxes and how the investments all fit together" 10:14 - "We are living longer, and here are the stats – they're changing rapidly" 17:58 - "Don't fall for these three retirement myths" 19:44 - "Here's probably the biggest myth: you won't have to pay taxes [in retirement]" 21:25 - "Social Security income is tax-free in the state of California" 25:58 - "There are lots of ways to create tax-free income to keep less of your Social Security taxable, but you have to understand what those strategies are" 30:21 - "A spousal IRA works like this: let's say your spouse is working and you're not working or vice versa; as long as there's earned income, the non-working spouse can still contribute to a retirement account"