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How much the average American worker has saved for retirement

According to the Bureau of Labor Statistics, the average household spends more than $40,000 per year in retirement, yet the average person collects less than $17,000 in Social Security benefits. Although everyone’s situation is different, it can be useful to compare your progress toward achieving financial security to that of your peers. The article shows how much the average American worker has saved for retirement. Read article here…

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