A recent study of retirement income conducted by Interest.com, a website committed to helping consumers achieve financial security, revealed that retirees in all but 1 state are not meeting the recommended retirement income threshold of 70% of their pre-retirement income amount.
Census Bureau Data revealed that only in Nevada were households of those 65+ bringing in 70% of the earnings of their 45-64 year old counterparts. Nationally, the average replacement income was just under 60%.
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