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Wednesday, August 29, 2012

Half of Americans Die With Almost No Money - Yahoo! Finance

Half of Americans Die With Almost No Money - Yahoo! Finance

Almost half of U.S. retirees die with savings of $10,000 or less, but that grim finding doesn’t fully describe the variability and uncertainty that characterize retirement in America, according to a recent study.
While some retirees struggle profoundly, living at or below the poverty line, others enjoy wealth and health—in fact, the two are strongly linked—while still others have little in savings but enjoy a decent income, according to the report, based on a survey that tracked retirees from 1993 through 2008.

 

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