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Retirement spending dilemma: Why millions fear running out of money

Retirement spending dilemma: Why millions fear running out of money
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

After decades of saving for retirement, many Americans face an unexpected challenge: actually spending their money. A new Prudential survey found that 54% of retirees would rather leave money behind for heirs than risk running out of money during retirement. Even retirees with sizable nest eggs a...

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