The Traderszone Network

Published in TZ Latest News 30 July, 2014 by The TZ Newswire Staff

Retirees Are Satisfied With Less Income

Not enough money in retirement? Says who? Eighty-nine percent of recent retirees are somewhat or very satisfied with retirement so far, according to a new survey by mutual fund giant T. Rowe Price. That’s despite the fact that the typical retiree says he or she is living on only 66% of his preretirement income, on average. Still, that has not hurt the retirees’ standards of living.

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