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Financial Beacon

When Can You Really Retire?

By Doug Carey

This past week some comments by AIG CEO Robert Benmosche went viral as he said he expects the average retirement age to jump to age 80. This just added fuel to the fire of fear that many in their 50s and 60s already have. A case in point: more than half of all baby boomers fear running out of money in retirement more than they fear death. This is according to a study from Allianz Life.

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