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Although every retirement looks different, those with guaranteed income, little debt, a clear spend-down strategy and employer-provided assistance are among the most satisfied.
That’s according to a study from the Employee Benefit Research Institute’s Retirement Security Research Center, profiling five types of retirees. The study uncovered patterns among retirees who identify as “average,” “comfortable,” “affluent,” “just getting by” or “struggling.”One key finding was average, comfortable or affluent retirees often had guaranteed sources of income, such as a pension or Social Security.“We saw a correlation in the findings between having varied sources of income and higher retirement satisfaction,” EBRI CEO […]
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