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How Much Savings Does One Need to Have in Order

Question 67

Multiple Choice

How much savings does one need to have in order to be comfortable in retirement? A good rule of thumb is


A) 25% of your current income.
B) 45-50% of your current income.
C) 65-70% of your current income.
D) Because one cannot predict how long one will live or what health problems one might encounter in the future, there is no way to predict how much money one will need in retirement.

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