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How Much Retirement Savings You Should Have by Age

Money Girl

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How to Create Income for Your Retirement Goals

Having a secure retirement means that you can passively generate enough income to preserve your desired lifestyle, your standard of living without having to go out and earn it. A typical retirement goal is to create income equal to some percentage of your pre-retirement income. For example, if you earn $100,000 per year on average in the years leading up to retirement, you might need a minimum of $70,000 to enjoy this lifestyle.

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