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Want $50,000 in Retirement Income?

Social  Security replaces just 40% of pre-retirement income, so additional funds are necessary to live beyond mere existence.  Christy Bieber explains what is necessary to provide yourself with $50,000 annually.  The key points in this piece are these: 1.) the amount you need to save for $50k a year in retirement income depends on your withdrawal rate; 2.) calculate how big your nest egg needs to be; 3.) the age when you start saving will determine what you need to invest to save enough.  Full article here.

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