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Here’s how the report breaks down the forces at work, along with three ways retirees can gain a sense of serenity as they retake control of their income and expenses. What the study found
5. Medicare. Some survey respondents were also unfamiliar with Medicare — and, to be fair, it can be quite confusing. If you’ve paid into Medicare for at least 10 years, Part A (hospital ...
5. Leaving the workforce at a young age. Many retirees who left the workforce before age 62 ultimately regretted the fact that they retired so soon, for a variety of financial reasons. About one ...
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A new survey from AARP laid out some hard truths about Americans approaching retirement age. One-fifth of adults 50 and older have no retirement savings, and more than half (61%) are worried they ...
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Exploring expenditures reveals more about retirees’ financial health. Data from the Bureau of Labor Statistics indicates that in 2022, Americans aged 65 and older spent an average of $57,818 ...
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