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How Can I Prepare For a Retirement Without a Nursing Home?

A lot of scary things happened during the COVID-19 pandemic, but one that looms large for a lot of people is the huge share of deaths that took place in nursing homes. A new brief from the Center for Retirement … Continue reading → The post If COVID Scared You Off Nursing Homes, Don't Delay Your Financial Plan for Aging in Place appeared first on SmartAsset Blog.

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5 Ways Americans Are Bracing for Social Security Cuts

5 Ways Americans Are Bracing for Social Security Cuts
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5 Ways You Can Save $500,000 in 15 Years

5 Ways You Can Save $500,000 in 15 Years
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States That Want to Increase Retirement Savings Automatically

States That Want to Increase Retirement Savings Automatically
moneytalksnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneytalksnews.com Daily Mail and Mail on Sunday newspapers.

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Can Social Security Support You in Retirement? You May Not Like the Answer

Can Social Security Support You in Retirement? You May Not Like the Answer Maurie Backman © Provided by The Motley Fool Can Social Security Support You in Retirement? You May Not Like the Answer In the course of your retirement planning, you re apt to factor Social Security into the equation. After all, you can expect some amount of money from those benefits. But how much of your former paycheck will Social Security replace? Probably less than you think. Don t skimp on savings Many people assume that Social Security will replace their former paychecks in full, but that s not correct. If you re an average earner, Social Security will replace about 40% of your pre-retirement income. If you re a higher earner, those benefits will replace an even smaller percentage.

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