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A better strategy for planning your retirement savings.
Of course a lot depends upon how close to retirement you are, but estimating what your retirement income needs will be and then taking a detailed look at how you will generate that income is the strategy to use when beginning your planning effort. Social Security will undoubtedly be an important income stream for you, but it’s only designed to supply about 40% of your income needs so planning where the rest will come from is critically important, as this article by Motley Fool’s Alicia Rose Hudnett posted at www.nasdaq.com explains. Click here to read more.