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August 8, 2020

Tag: 401 (k)

It’s not how much you save, it’s how much you earn

So, you have saved for retirement with a 401 (k) or an IRA and have been putting money into Social Security at the maximum rate. You are fortunate enough not to have to work after retirement age and are pleased that you’ve been able to accumulate enough wealth so you can retire comfortably. But, the truth behind a successful retirement is not necessarily about how much wealth you have accumulated, but turning that wealth into generating income.