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Concerns Over Longevity and Financial Sustainability Growing
According to a recent Allianz study, “66% of Americans aged 45 to 65 with over $400,000 in retirement savings on average feel they’re at risk of running out of money during their golden years. And 61% think they’ll need to keep working later in life rather than retire to mitigate that risk.” So, it’s not just those who know they’re in trouble…the concern is faced by those with fairly substantial wealth accumulation. The Motley Fool’s Maurie Backman, in a post on wcfcourier.com, offers suggestion for that may help all savers deal with their concerns over sustainability. Read her post here…