Traditional thinking tends to suggest that those planning for retirement will have to replace less of their current income. Working Americans say they need to replace 67% of their current income for retirement, but only 32% say they’re on course to achieve this goal, according to a study by Transamerica Center for Retirement Studies and Aegon Center for Longevity and Retirement released May 20. In addition, only 21% responded that they are “very confident” they will be able to retire with a lifestyle they consider to be comfortable, while 35% expressed that they were “somewhat confident.” Some retirement specialists disagree
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