 Speaking of income, I need to share with you a huge misconception about how people think about their retirement. Many people have been taught by educators and financial planners to think of their income as a pile of money. For example, you might have $100,000 in your retirement account right now and be thinking in order to retire you need $500,000. I have to tell you that this type of thinking ruins more people's retirement than our volatile stock market and all the scam artists combined.