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Financial security expert
Retirement plan fees, taxes and healthcare costs are among the biggest threats to Americans’ financial security. Many workers aren’t just financially unprepared for retirement — they haven’t done the basic calculations to determine how much money they will need.
Related: This Innocuous Sounding Phrase Is Actually a Mortal Threat to Your Retirement Planning
That’s one of the findings of the 28th annual Retirement Confidence Survey just released by the nonprofit Employee Benefit Research Institute (EBRI) and the research firm Greenwald & Associates.