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Money Management

5 Retirement Costs That Are Smaller Than People Think — and 1 That’s Much Bigger

By January 31, 2024No Comments

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 Pre-retirees might be worrying a bit too much about several expenses — and not enough about one cost — that will be part of their golden years. Robert Kneschke / Shutterstock.com

Running out of money in retirement is a nearly universal fear. If you share this worry, a recent survey has quite a bit of good news — and one sobering warning. The Nationwide Retirement Institute polled 1,000 U.S. consumers ages 60 to 65 — including both retirees and pre-retirees. As part of the survey: Based on answers from these two groups, here are the retirement costs that pre…

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