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When folks speak about retirement, usually, they’re referring to a linear path: Go so far as you may in your profession, flip a sure age and go away the professional world for good. It is likely to be the normal mannequin, however lately, it does not work for everybody — for a number of causes.
Greater than half (56%) of American employees consider they’re behind on their retirement financial savings, based on a current Bankrate survey. In the meantime, because the starting of 2020, costs of on a regular basis items and providers have elevated about as a lot as they did within the full decade previous to the pandemic, per Bloomberg.
Associated: This Is the Key to the Retiree Lifestyle You Want — and the Income You Need
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