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How Good is Popular Personal Financial Advice?

Patrick Boyle On Finance

CHAPTER

How to Save for Retirement

21 of the 50 books recommend a positive savings rate that does not vary by age. 9 books advise starting with a target for wealth at retirement in order to calculate the necessary savings rate. Only 4 books recommend taking Social Security benefits into account when choosing a savings rate. 15 books recommend increasing your savings rate over time.

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