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Living more frugally and paying off debt has paid off for one in five retirees — but fewer are looking out to the future to estimate how long their assets will last in retirement.
This is according to a new report, “The Financial Recovery for Retirees Continues,” by the Society of Actuaries, LIMRA and the International Foundation for Retirement Education, based on a survey of 461 retirees.
Lee Barney has been the editor of Money Management Executive since 2002 and has been writing about Wall Street since 1993. Previously, at United Medias Wall Street & Technology magazine and … Read full bio
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