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

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

   Then, factor that into your monthly budget. If that amount is far more than you can afford right now, that’s OK. ... six times by 50, eight times by 60, and ten times your salary by age 67. For ...

3. An 81-year-old economist spent decades giving Americans ...

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   Mistake 1: Taking your pension payment early When she left the Federal Reserve at age 50, Munnell says she took the monthly payment on her pension early, figuring that it made more sense to invest ...

4. 60-day rollover rule: What retirement investors need to know

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   The 60-day rollover rule is one of the many traps that lie in wait for investors rolling over a retirement account such as a 401(k) or IRA. You have to follow the rules exactly, or you could end ...

5. Retirement - Wikipedia

   en.wikipedia.org/wiki/Retirement

   Retirement calculators vary in the extent to which they take taxes, social security, pensions, and other sources of retirement income and expenditures into account. The assumptions keyed into a retirement calculator are critical. One of the most important assumptions is the assumed rate of real (after inflation) investment return.

6. Millions of people may get expanded Social Security benefits ...

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   The details vary person to person but the idea, broadly, is that a monthly benefit is reduced by an amount tied to how much that person is receiving from a pension program in which they enrolled in lieu of paying Social Security payroll taxes. The Government Pension Offset follows a similar principle. It limits Social Security spousal benefits ...

7. Average Indexed Monthly Earnings - Wikipedia

   en.wikipedia.org/wiki/Average_Indexed_Monthly...

   The Average Indexed Monthly Earnings (AIME) is used in the United States' Social Security system to calculate the Primary Insurance Amount which decides the value of benefits paid under Title II of the Social Security Act under the 1978 New Start Method. Specifically, Average Indexed Monthly Earnings is an average of monthly income received by ...