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Suggested goals for retirement savings
Social comparison theory suggests that people value their own personal and social worth by assessing how they compare to others. We might compare ourselves to someone better off and look for ways that we can achieve similar results. However, when it comes to the exact amount saved for retirement, it truly depends on your own plans. Andrew Rosen outlines how much you should have saved for retirement at every age as a rule of thumb. Read Mr. Rosen’s article here…
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