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How much is enough, when it comes to retirement income?

Though advice varies,at least one study suggests that “adequate”  retirement income is about 70% of what you are earning from work when you retire.  One very important source of retirement income is sure to be your savings, but in a startling finding most people – even those approaching retirement – have little or no savings.  This CNBC article by Kathleen Elkins elaborates on this dilemma and discusses how much young people should be saving in order to have an “adequate” retirement.  Click here to read more.

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