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57% of working Americans feel behind on their retirement savings, according to a recent Bankrate survey. Christine Benz, Morningstar director of personal finance and retirement planning, joins Wealth! to discuss how you can best plan for retirement. “As retirement approaches, as you hit the threshold of maybe age 50, start putting pen to paper about how you think your budget may change in retirement because inevitably it will change a little bit. You may have fewer commuting costs. You may not need clothes to go into the office. So take a hard look at that. Maybe you’re mulling some sort of relocation or downsizing that’ll definitely improve your budget. So […]
