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Why MMAs a low-risk retirement investment. Money market accounts are safely protected by FDIC insurance for up to $250,000 per depositor. ... Treasury notes and savings bonds are safe interest ...
The amount of money you save for retirement should hinge on what you can afford. If that's 18% of your paycheck, awesome. If it's 2%, know that 2% is better than 0%.
To find how much money a retired person would need to save, we divided each state’s annual expenditures, minus the annual Social Security income as sourced from the Social Security ...
William P. Bengen is a retired financial adviser who first articulated the 4% withdrawal rate ("Four percent rule") as a rule of thumb for withdrawal rates from retirement savings; [1] it is eponymously known as the "Bengen rule". [2] The rule was later further popularized by the Trinity study (1998), based on the same data and similar analysis.
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