There is no such thing as a one-size-fits-all retirement plan. Each individual has their own unique vision and financial needs for their retirement years, yet there are some rules that everyone is told their retirement plan needs to follow: eliminating debt, saving for the inevitability of long-term care, the “4% Rule,” and so on. 

Depending on your individual retirement strategy, however, following these too closely could have long-term financial effects on your overall retirement plan. This Money article takes a closer look at these hard-and-fast rules and explains why, in many cases, they’re not as ironclad as they might seem.

Click here to read the article.

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