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How to Make Retirement Savings Last
How to make your retirement savings last About half of Americans have some sort of retirement account, according to the Federal Reserve Bank’s 2019 Survey of Consumer Finances, and the median value of that 401(k) or individual retirement account runs around $65,000. The average American, who retires around the age of 63 or 64 and […]
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How Do Social Security Survivor Benefits Work?
When it comes to retirement in the United States, researchers don’t paint a pretty picture. According to the National Institute on Retirement Security, the retirement savings deficit totals as much as $14 trillion. For women, the gap between what’s needed to afford more than the essentials in retirement and what’s actually in hand is especially […]