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Saving for Retirement

There are many factors to take in to consideration when planning for retirement. One of the biggest mistakes that people make is misunderstanding the role of Social Security. Many people expect Social Security to take over as their main source of income and sustain them through retirement, but this is not the case. Social Security is meant to be a supplement in retirement, not your sole source of income. It is important to know how much money you expect you will need in retirement and either save and invest in order to reach that number, or plan to work in retirement to make the ends meet. For more information on this topic, visit this article with Lawndale News.

 

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