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Terry Savage is a well-known personal financial journalist and columnist for the Chicago Sun-Times. In her latest book, The New Savage Number: How Much Do You Really Need to Retire? She explains what steps you need to take now to make sure you have accumulated enough money to live a comfortable retirement. In this interview she goes though how to calculate the effect of inflation on your savings, how to earn money while in retirement, and how to withdraw money each month without running out of capital. She also covers other vital retirement issues such as long term care insurance, whether to c
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