The 5 biggest financial concerns for retirees, according to new research
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Inflation, rising health care costs and fears of outliving savings are fueling new financial anxieties among retirees, with one in five saying they are struggling financially, according to new research. The rising cost of living is retirees' top concern, with about 90% saying they worry inflation will erode the value of their assets, according to a survey of about 400 retirees by investment firm Schroders. The concern reflects a broader fear among many retirees: running out of money. Earlier
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