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International Business Times UK
International Business Times UK
Business
Vinay Patel

60% Americans Worry They'll Outlive Their Retirement Fund—Here's 3 Things You Should Do Now To Avoid That

Americans face challenges in saving for retirement due to factors like underestimating lifespan, the impact of inflation on savings, and withdrawing funds too quickly. (Credit: Pexels)

According to the 2024 BlackRock Read on Retirement report, sixty per cent of Americans across all generations worry they'll outlive their retirement savings.

Retirement is a profoundly personal journey, but many of the challenges workers encounter are shared experiences. The perspective on retirement can vary significantly between those just starting their careers and those nearing their end. Individual experiences and limited access to resources, tools, and guidance can significantly complicate retirement planning. Yet, there is a belief that this complexity is unnecessary, and a commitment to redefining retirement is essential.

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