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Investment Costs Hit Retirees Twice
Vanguard 
Apr. 10, 2012
"[I]t's as critical for retirees (people spending money) to think about how costs hit their portfolios as it is for people who are still saving. In fact, you might say that by taking a bite out of both income and wealth over time, costs actually hit retirees with a 'double whammy.'"
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