income

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Seniors in 48 states face serious income shortage

“We found that many senior citizens are significantly underfunded and risk running out of money,” said Mike Sante, the site’s managing editor. Only seniors in Nevada and Hawaii have median annual incomes that meet the savings benchmark commonly recommended by financial planners. Typically, planners recommend that retirees save enough to replace at least 70% of their pre-retiremen... »

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