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Instead, after years of hard work and smart financial decisions, your money should work for you.
One question that was posed was How much savings do you feel a couple needs to retire rich?
The results were interesting.
Gen Z and boomers may exhibit many ideological and generational differences.
Retirement planning might seem overwhelming and a bit scary.
Here are some tips and tricks to retire rich, according toFidelity InvestmentsandCharles Schwab.
Of course, figures may have to be doubled for couples looking to retire rich.
This includes any employer matching plus your retirement contributions.
However, this rule only applies if you start saving in your mid-20s to early 30s.
The so-called 4% rule is frequently misunderstood.
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