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Thu Jun 13 2024
The estimate for Social Security's 2025 cost-of-living adjustment (COLA) dips as inflation cools in May.
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It's actually not that difficult to determine how much you should have saved up for retirement at a particular age.
Racking up $1 million for retirement is still possible, depending on the amount of time you have, your strategy, and market conditions.
A prominent economist argues that you can retire on savings much less than $1 million.
For some people, this strategy could boost benefits by 24% or more.
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