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Low interest rates pose risk to those who don’t protect retirement income
Americans who do not protect their retirement income are at risk of having their retirement prospects eroded by prolonged periods of low interest rates, according to a new paper by Prudential Financial, Inc. (NYSE:PRU). The most recent update to The National Retirement Risk Index (NRRI) was published in October 2012 and found that 53 percent of households are at risk of being unable to maintain their pre-retirement standard of living during retirement. Read more…
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