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Retirement Income: The Average American Is in Deep Trouble (but There’s Hope)
I hate reading news from the National Institute for Retirement Security; it’s really depressing. Each report details how unprepared U.S. citizens are for their retirement. The latest report indicates the average American has $30,345 in a defined retirement account. “Woefully inadequate” doesn’t begin to describe the situation. To put all this in perspective, let’s examine a theoretical portfolio with retirement income in mind, and see what $30,345 delivers…Read More
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