Monday, October 16, 2006

 

One-Size-Fits-All Idea Doesn't Fit Retirement

The conventional wisdom that you can have a comfortable retirement with 75 percent to 85 percent of your pre-retirement income has been exposed for what it is.

It is an overgeneralization that may work for some, but can leave other retirees woefully short of cash, if not broke, in old age.

One-Size-Fits-All Idea Doesn't Fit Retirement
Source: Hartford Courant

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