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Small nest egg won’t last a lifetime; but a larger Social Security payment will help
In this USA Today financial article by columnist Peter Dunn, a reader questions whether his $80,000 nest egg and small pension can sustain him in retirement. Mr. Dunn offers an evaluation of his predicament and counsels that the reader’s small nest egg should be considered more of an emergency fund than a retirement income source, and that delaying Social Security benefits 3 more years until age 70 will make a big financial difference as he ages. Click here to read the USA Today article by Peter Dunn.