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Some Thoughts on Avoiding the “Lack of Retirement Savings” Trap

” … more than 50% of Americans either break even or spend more than their income each year.” This alarming note by The Motley Fool’s Maurie Backman in a post on their website points to a looming problem for those inching toward retirement. The inability to save for this phase of life could lead to some pretty lean years in retirement, when expenses are likely to wamp avalable financial resources. Ms. Backman’s post offers some suggestions for creating a strategy to avoid this situation…check it out here.


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