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Tuesday, August 10, 2010

Behind on retirement? The secret to catching up

Behind on retirement? The secret to catching up

By Walter Updegrave

(Money Magazine) -- Question: I'm behind in saving for retirement. Should I take more risk to catch up? --James Wilson, San Antonio

Answer: I can understand your concern -- and the temptation to try to ramp up your nest egg by investing more aggressively in stocks. After all, in the wake of an abysmal 10-year span in the market, a return to equities' historical annual gains of 10% may seem like a good bet. ...

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