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Streams of money

Most retirees will need to rely on multiple sources for income. While Social Security is often considered first, the actual payouts are quite meager. In fact, Social Security is a form of insurance so that those without resources receive something; it doesn't replace retirement savings.

You'll need to rely on other sources of income to sustain you in later life. Your IRA, 401(k) and other retirement savings accounts will be essential for a comfortable retirement. See what stream of income you'll need here: Money streams

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