Regional Vice President of Sales The Retirement Plan Company
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Compass
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The Retirement Crisis That Isn't?
John Rekenthaler, in Morningstar; free registration may be required [Opinion] May 13, 2014 "New research asks the question.... What does it mean to maintain a similar lifestyle to the working years during retirement? Surely, they argue, this can't be found by simple comparisons of preretirement and in-retirement earnings. If the worker's later-year wages are similar to those of the middle years, then targeting retirement income that matches the conditions of the later years effectively gives that worker a higher retirement lifestyle than he enjoyed on average during the working years -- because, for many years, that level of income was used on costs that no longer exist." |
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