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Recent Retirement Annuity News:
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a private retirement plan modeled on one instituted a generation ago in Chile.
There's a retirement crisis brewing in America. We all know it is coming, but it is unclear what to do about it. In 2008, employees were complaining, "My 401(k) is now a 201(k)." Many unemployed baby boomers over 50 are having a hard time finding work, and if they do, they aren't paid what they had been paid. But what does a retirement crisis mean to the individual investor?
A new strategy says work longer, spend more to pursue your retirement aspirations before you thought it was possible.
When you retire from your day job, what do you have more now than ever? Unfortunately, it's not money because your paychecks will stop coming. Instead, you will have a lot of free time, which is almost as valuable as money.
When it comes to retirement planning, hesitating hurts women more than men, because women live longer, are more likely to be single in old age, face lower income along with greater healthcare costs, and often have added caregiving responsibilities.
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