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Is retirement 'crisis' overblown The U.S. is on the brink of a retirement crisis, according to some industry experts, as people are expected to end up with savings that will not be enough to cover their needs in their golden years, writes Forbes contributor Andrew Biggs. However, the retirement savings benchmark that many of these experts use may be unnecessarily high for most people, writes Biggs. He cites a study by Fidelity, which recommended that an average household have a higher income in retirement than it had during its working years, as one example of too-high expectations. That sort of conclusion, he says, is "over the top and threatens to scare people unnecessarily." --Forbes
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