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This significant difference is because the super-wealthy skew the average much higher.
Where you live and your lifestyle also play a big role in how far your money will go.
Nearly $20,500 per year wont be enough in high-cost-of-living states likeCalifornia or New York.
Social Security can help, but it still may not be enough.
Many financial advisors say youll need at least 80% of your pre-retirement income to live comfortably.
On the other hand, upper-middle-class Americans have seen their life expectancy and wealth improve.
Many seniors are often saddled with debt particularly medical, credit card and mortgage debt.
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