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The sources of income that will fund each generation’s retirement are also in flux. The primary sources for current retirees are Social Security, a pension or 401(k) and personal savings, with ...
The popular retirement strategy known as the "4% rule" may need some adjusting in 2025 and beyond. Some researchers and financial experts are warning changes may be needed based on market ...
Relying heavily on retirement funds for long term care may mean you have quite a bit less for other expenses. Consider a separate long-term care insurance policy or a HSA for medical expenses ...
Lower expenses. Many retirees are tempted to spend more money on leisure activities in retirement.Health care costs also tend to increase as people age. But there are many costs that decline in ...
Read Next: 9 Things To Downsize in Retirement That Aren’t Your Home. Homeownership. If you own a home, that can be another source of major expenses that eat into retirement funds. “As homes ...
With all the work that goes into saving and investing for retirement over your lifetime, you don't want to reach that stage of your life only to get caught off guard by certain costs. If you're not...
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