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Common Myths about Saving for Retirement

The subject of retirement is an emotional one. It involves decisions about how people will spend up to one-third of their life, how much money they will need to fund that period, and the best way of saving to enable them to do so in reasonable comfort. It’s also a relatively new experience for humanity. One of the most striking questions that experts on the subject pose in presentations is “what the average US life expectancy was when the US introduced social security for everyone over the age of 65 in 1936?”