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Average Retirement Contribution
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<blockquote data-quote="Oldfart" data-source="post: 2685601" data-attributes="member: 64407"><p>Most have 2 pensions. If you plan on retiring on less than $2500 a month, you will be eating potted meat and crackers. You will need more than a pension if you want to replace 70% or more of you working income. If you sacrifice while you work and contribute to your 401k, it is possible to replace almost 100% of your working income when you retire.</p></blockquote><p></p>
[QUOTE="Oldfart, post: 2685601, member: 64407"] Most have 2 pensions. If you plan on retiring on less than $2500 a month, you will be eating potted meat and crackers. You will need more than a pension if you want to replace 70% or more of you working income. If you sacrifice while you work and contribute to your 401k, it is possible to replace almost 100% of your working income when you retire. [/QUOTE]
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