3 Key Retirement Realities Most Americans Don't Know
Making a retirement plan requires more knowledge than you might think. You'll need to understand how inflation affects your investment account; how much income Social Security provides, and how much you need to subsidize it; and how much you can withdraw from investment accounts without draining your nest egg.
Unfortunately, millions of Americans are lacking these basic facts. This is based on a recent report from the Insured Retirement Institute (IRI), which surveyed adults to determine their readiness for their later years. Here's what the troubling data showed about three crucial retirement realities many people simply don't know.
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Source Fool.com
