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Have you saved enough for retirement?
Although Americans feel they need $1.26 million saved up to retire comfortably, most Americans between the ages of 65 and 74 have a $410,000 median net worth, according to the Federal Reserve Board’s survey. Northwestern Mutual reported that 51 percent of recent polled Americans think they are somewhat or very likely to outlive their savings. So, how much should you have saved based on your age? Graig Graziosi, reporting for the Independent, breaks down the retirement savings figures. Read Mr. Graziosi’s article here…
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