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Interest rates will stay higher for longer in 2024. The Federal Reserve held interest rates at a 23-year high this week while curtailing its estimate of rate cuts this year from three to one ...
The average retirement age is changing. As of 2022, the average retirement age among U.S. workers is age 61, according to a poll from Gallup. That's up from age 59 in 2002 and age 57 in 1991. This ...
To this end, the typical 50-year-old should have somewhere between 3.5 and 6 times their annual salary saved up for retirement. Those are the numbers from fund company T. Rowe Price, anyway ...
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