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Exploring the Relationship Between Social Security and Your Retirement Savings Plan

One of the more perplexing questions many people face relates to the issue of how much of a retirement nest egg they’ll need for those “golden years.” Is it a million dollars? Two million? Multiples of your final salary? And beyond that, where does Social Security fit in the picture? While much of the thought process relating to these questions deals with the type of lifestyle you will adopt in retirement, it still becomes a game of numbers. In a post, GoBankingRate’s Jennifer Taylor takes a look at a variety of parameters that go into planning and structuring your savings goals. Check her post out here.

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