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Retirement is an exciting period of life, but it’s not necessarily a less expensive one

Majority of us assume that our expenses will naturally go down once we retire, but that is not necessarily so. According to a recent report from the Insured Retirement Institute, the average American aged 65 to 74 spends $55,000 a year. However, most baby boomers think they will need far less to live on in retirement. Read the attached article to find why older Americans are misguided in thinking retirement will be less expensive and the steps to take to start saving to allow for that fact. Read article here…

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