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Phoebe Venable: Saving for retirement takes effort, but it’s worth it

It’s no secret that the average American struggles to save adequate amounts for retirement. In 2010, the Federal Reserve did a survey on consumer finances and found that Americans between ages 55 and 64 have an average balance of $120,000 in retirement allocations. Further, 92 percent of Americans feel that we are in the midst of a retirement crisis. So what can we do to boost our savings while we still can? Read more…

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