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|Social Security Reductions Would Accelerate Retirement Income Deficit Crisis|
Nov. 30, 2010
Excerpt: The retirement-income deficit is the gap between what people have saved for retirement and what they would need to have saved by now to meet their basic retirement needs. This gap is already huge: According to the Center for Retirement Research at Boston College, the retirement-income deficit is already $6.6 trillion, or five times the size of the federal deficit.
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