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Putting Retirement Health Costs in Context

I’m reminded of our conversations when I consider retirement planners’ admonitions to save more for retirement. The median retirement-account balance for people age 55 to 64 is $120,000—far short of Fidelity’s proposed benchmark of eight times final salary, or the 25 times annual expenses or $1 million benchmarks put forth by other experts. Read more…

 

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