As retirement approaches, many individuals find themselves faced with a common challenge – the retirement gap. This gap refers to the shortfall between the income needed to maintain a comfortable lifestyle in retirement and the funds available. Pre-retirees must carefully navigate this gap and develop effective financial strategies to ensure a secure retirement. In this article, we will explore the financial challenges faced by pre-retirees, the key factors contributing to the retirement gap, and provide effective strategies to bridge this gap.
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