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Unexpected expenses take 10% of retirees' income, on average, research shows — many don't have enough cash on hand

Unexpected expenses take 10% of retirees' income, on average, research shows — many don't have enough cash on hand

The typical retiree household will spend an amount equivalent to 10% of annual income on unexpected expenses, and about 40% lack the cash to cover those costs.

from Personal Finance https://ift.tt/Fsafe3V

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