Be a ‘MythBuster’ of retirement misinformation

July 27, 2022  //  FOUND IN: Updates & Resources

As you work your retirement plan, you’re likely to hear some myths that can derail even the best forward-thinkers:

  • I can live entirely off my Social Security earnings.
  • I’ll spend less as a retiree.
  • It’s too late to invest more in retirement.

These and other myths can create confusion. That’s why it’s a good idea to meet regularly with TIAA and Fidelity Investments strategists to ensure your investments are meeting expectations. These companies are long-term U-M partners in administering its Retirement Savings Plans.

You can check in by phone or virtually; just schedule an appointment:

Fidelity offers appointments exclusively for U-M employees every Tuesday from 8:30 a.m. to 5 p.m.

Tools of the trade

Fidelity and TIAA are good resources to sort retirement myth from fact. In addition, they offer online tools that can help you adjust your budget, investments and other financial matters in real time.

You also have access to their free live and on-demand webinars each month. View the live August offerings below:


Fidelity’s enrollment system tells you how many seats are available for each workshop and can put you on a wait list if a workshop is popular. View a complete list of workshops.


Register for the above programs at TIAA’s webinar lounge.

Myth-busting with MHealthy

MHealthy also offers several resources to assist faculty and staff with improving their financial literacy. These include education programs, coaches and immediate assistance for those who need help now.

This story first appeared in UHR News. Click here to subscribe!