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Can-you-retire-on-$1000?
A new report from the Employee Benefit Research Institute has revealed some frightening figures about the average Americans’ retirement preparedness. Perhaps the most striking finding in the 2014 Retirement Confidence Survey is that 36% of workers surveyed have less than $1,000 in retirement savings. And, those 36% are among 60% who have less than $25,000 in retirement savings. The chart below from the report shows a breakout of the total savings reported among workers going back across 10 years of the retirement confidence surveys…Read More
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