Social Security Report

Q & A

Is $1 Million Enough to Cover the Average American’s Expenses in Retirement?

Even though $1 million may not go as far these days as it used to, it’s nevertheless more than enough to cover the average American’s expenses in retirement.

The average cost of retirement
Every year, the U.S. Bureau of Labor Statistics conducts a survey of Americans’ spending habits. Its latest, released at the beginning of last month, delves not only into how people spend their money, but also how those habits evolve over time. Read more…

Source: http://www.fool.com

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