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Reaching retirement is a bittersweet goal and achievement for many Americans. On the one hand, it represents a well-earned transition to a quieter, more relaxing life after a long career. On the other hand, it represents the loss of some measure of purpose and worth for many. But for a growing number of Americans, retirement is now also looking like a scary cliff that they haven’t adequately prepared for.
Lack of Retirement Preparation
According to data from survey results recently released by Human Interest, many American workers are very unprepared for retirement. Consider these data points:
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