Wednesday, December 7, 2011

What Is the Right Income Replacement Rate in Retirement

What Is the Right Income Replacement Rate in Retirement

What's Your "Number?"If you're like most people approaching retirement, one of your main concerns is what level of income you are going to need in retirement.If one were to Google the phrase "Retirement Income Replacement Rate", they would find about 1.3million results. It seems every financial website, financial calculator, brokerage firm, and mutual fund company has their own perspective on the appropriate "Number" - that is, the

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