You may need less retirement income than you think

You may need less retirement income than you think

- in Retirement, Uncategorized
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New research indicates that retirees—especially in higher income brackets—might need to replace less of their pre-retirement income than they think. Financial planners have long suggested that individuals replace 80% of their income in retirement from various sources to maintain the same standard of living they had while working.

Read more at CBS Moneywatch

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