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Retirement Planning
Chapter 2: Retirement Planning: The Accumulation Phase/INTRODUCTION
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Chapter 2: Retirement Planning: The Accumulation Phase

INTRODUCTION

01.Core Concepts

• Nearly 30% of Americans have less than $25,000 in savings • Nearly 14% of Americans have less than $1,000 in savings • Financially prepared means that a person has: 1. Sufficient assets accumulated 2. An appropriate investment plan 3. A plan for distributing assets from savings