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Experts offered some tips on what that could mean for retirees andhow to prepare if that were to pass.
If you invested that same amount into the S&P 500, that number would likely increase exponentially.
These are models that any everyday investor can use throughdiversified ETFs and annuities.
It may be wise to find a balance ofretirement income strategies, Anderson said.
These accounts should be considered as your buffer against any policy disruptions.
People sleep better when they know that there is always money coming in, Anderson said.
And they can also offer income to surviving heirs if you pass on.
Having both options will allow you to withdraw with more strategy in retirement, he explained.
Estimates are that this will happen in as little as five to eight years.
Instead, stay updated on thelatest policy news.
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