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The Reality of Living on Social Security
“Many people expect their living costs to drop dramatically once they retire, but many seniors don’t see all that substantial a decline.” This quote from The Motley Fool’s Maurie Backman puts into perspective the erroneous assumption many future retirees make when it comes to saving for those retirement years. Her post provides a sobering look at the reality of living expenses in retirement, and offers encouragement for those still in the working world to build up their nest egg. Read her post here…
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