Most Seniors Are In Danger Of Outliving Their Retirement Savings
In an ideal world, retirees would tuck away at least 70% of their pre-retirement income by the time they're ready to leave the workforce.
Unfortunately, there's nothing ideal about the savings climate in the U.S. today. A new study by Interest.com found that there are only two states, Hawaii and Nevada, where households of those 65 and over are earning at least 70% of the income earned by households between 45 and 64 years of age.
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