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20s & 30s Risk: Insufficient Savings

Many Americans today are not saving enough for retirement. In a recent survey conducted by Consumer Finances, 71% of people in this generation have saved less than $25,000 for retirement. The earlier you start saving, the better off you will be and the easier it will be to continue saving throughout your working years. By waiting a mere 10 years to save, you could be costing your retirement plan account balance hundreds of thousands of dollars.

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