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How much you need to retire, a fatter 401(k), and why Social Security is more important than ever

Paul Brandus
How much you need to retire, a fatter 401(k), and why Social Security is more important than ever

Here’s a nice Christmas present from the Internal Revenue Service: For the first time in six years, it will allow you to stuff more cash into your individual retirement account (IRA). The average person aged 66-74 still has an average $66,000 in debt.