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If The Typical American Wants a Secure Retirement, They’ll Have to Overcome This Hurdle

According to the Federal Reserve, 31% of non-retired Americans have to put money away in retirement accounts for their golden years. Since financial advisors typically recommend that retirees will need roughly 70% of their pre-retirement income to support their lifestyles in retirement, the lack of savings suggests that if these Americans hope to be financially secure in retirement, they’ll need to overcome whatever obstacles are preventing them from saving, and start socking away a good chunk of their income soon….Read More

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