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You're Probably Thinking About Social Security All Wrong


I was talking to some friends recently about retirement savings and how it was kind of a drag to be parting with 20% of my income month after month. One friend commiserated, but a few of my friends made comments along the lines of "What savings?"

The thing is, these friends of mine are decent earners. I wouldn't say they're rolling in money, but they earn enough, in theory, to fund an IRA or 401(k) plan to a reasonable degree.

Image source: Getty Images.

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Source Fool.com


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