Perception vs. Reality There’s an alarming difference between perception and reality for current and future retirees. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content 12 Steps to Living: Horizon, Risk Tolerance, and Compounding Understand the concepts of horizon, compounding, and risk tolerance, and create an investment plan. Take the Stage: Starting Out Start planning for their financial futures by following a few helpful guidelines. Paying Tax Later Doesn't Always Mean Paying Less 401(k) savings are taxed as ordinary income when funds are withdrawn.