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“Retirement planning for the post-pension world” by: Chris Gelbach

“As Americans move from defined-benefit pensions to defined-contribution plans, many households seem poorly positioned for retirement. According to the Federal Reserve’s 2013 Survey of Consumer Finances, households in the 55 to 64 age group have median 401(k) and IRA savings of just $111,000. Even those with seemingly huge 401(k) balances may not be poised for […]

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