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Boomers still have an edge over millennials
Amid the relentless news coverage about how unready Americans are for retirement, it can be easy to miss the bright spots. As Charley Ellis points out in his new book, Falling Short: The Coming Retirement Crisis and What to Do About It, many people mistakenly take the easy way out of jobs, leaving at 62 — the earliest possible retirement age — and just hope that their savings and Social Security will keep up as they age. A former investment chairman of the Yale endowment, Ellis is a member of the Investment Committee of my firm, Rebalance IRA. The “real” retirement age for most people,…Read More
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