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An Ideal Retirement Number?
Maurie Backman states, “You can bank on needing more than just Social Security for income once your career comes to an end. And if you don’t build up a large enough nest egg, you might struggle financially.” But is $1 million the correct number to have in 401k and IRA plans, as many experts say? Perhaps more or perhaps less, as it depends on three questions: 1. Where do I want to live? 2. What do I want to do with my time? 3. Am I looking to keep working? Read the full piece here.
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