Recession, Kids, Put $117K Hit on Retirement: Study

From CNBC:

Retirement planning for most of us involves a lot of dreaming about the future.

But on the way to that dream, a new survey fromAmeriprise Financial shows, reality can intrude in some unexpected and expensive ways. group of 50- to 70-year-olds with at least $100,000 to invest told Ameriprise Financial earlier this year that a combination of boomerang children, ailing parents, plunging home values and other of life’s hard knocks had robbed their retirement portfolios of an average of $117,000.

Read more on CNBC.

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