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The Fed is Making a Mistake (EP.252)
Animal Spirits Podcast
Is This Your Biggest Worry About Retirement?
A study from the employee benefit research institute looked at older americans wealth and their spending to see how much their assets changed during the first 20 years of retirement. A person starting at 65 with half a million dollars still has more than 400 forty thousand at 85. One third of all retires actually increased their assets after retirement. Instead of slowly or quickly cumulating, they continue to accumulate wealth during retirement.
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