Retirees in the US Are Doing Better Than You Think

Retirees in the US Are Doing Better Than You Think

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NYC park Bench buddiesContrary to what you may have heard, new retirees are doing better financially than previous generations, according to research being published on Wednesday by a mutual fund industry trade group.

“On average, more-recent generations of households have higher levels of resources to draw on in retirement than previous generations,” said the study by the Investment Company Institute, a trade group.

“Other measures also indicate improvements in retiree well-being.
(READ more from Reuters)

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