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2. I'm a Senior. How Can I Increase My Retirement Income? - AOL

   www.aol.com/finance/seniors-using-plan...

   Many adults approaching retirement age have little to no retirement savings. In fact, the U.S. Government Accountability Office said that almost 50% of households headed by someone aged 55 and ...

3. 55 and Retired: How Far Will $2.5 Million Take You? - AOL

   www.aol.com/retiring-55-2-5-million-130056434.html

   And many retirement planners suggest using 70% of pre-retirement earnings as a starting point when budgeting for spending in retirement. Seventy percent of $60,944 is $42,661. Seventy percent of ...

4. How much should you have in your 401(k)? Here's how your ...

   www.aol.com/finance/average-401k-balance-by-age...

   55 to 64. $244,750. $87,571. 65 and older ... it’s essentially free money, as employers are giving you cash to save for retirement. ... This amount typically generates only about $3,560 per year ...

5. Here’s How Much You Need Saved To Have $60K in Retirement ...

   www.aol.com/much-saved-60k-retirement-income...

   In this example, your Social Security income reduces the amount of savings needed from $1.5 million to around $907,500. To estimate your expected Social Security benefits, the SSA provides an ...

6. What's the Ideal Monthly Budget for Retired Couples? - AOL

   www.aol.com/finance/american-couples-count...

   Budgeting for retirement involves estimating your post-retirement income and calculating your essential and discretionary expenses. This approach helps you to avoid financial pitfalls and ...

7. Here is the average income for retirees in the US — how do ...

   www.aol.com/finance/average-income-retirees-us...

   Americans 65 years and older reported a median annual income of $61,830 in 2023, according to the United States Census Bureau. So what else can you do to make sure you have enough money in retirement?