Thursday, July 9, 2026 at 10:48 PM
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Saving for retirement: Guessing vs. planning

FINANCIAL FOCUS

Let’s say you dream of spending your retirement mornings on a warm beach, coffee in hand, waves rolling in. To get there, you had a simple plan: Save $1 million and buy the beach house you always wanted.

But when retirement arrives, reality hits. After accounting for keeping your current home, everyday expenses and health care, $1 million doesn’t stretch as far as you thought, and the beach house remains a dream.

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