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Do You Really Need to Save 8 Million Dollars to Enjoy a Modest Retirement?
As originally appeared in the Jerusalem Post on August 21st 2020
You will need to save US$8m for a modest retirement - this is the new magic number! Yes, that is right! Forget about everything you have ever heard or read. This new figure also means that you have virtually zero chance of having a modest retirement! Or does it?
RISK TOLERANCE AND INVESTMENT OBJECTIVES
When you read a personal-finance article, have you ever wondered…