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Survey: Peace Of Mind Is Top Retirement Goal

Saturday, May 18, 2013 - 2:24 PM
From Consumer Affairs:
Most people have some sort of goal in mind when they think about retirement. Financial planners have always thought of it as a number – an amount of money someone needs to live after they stop working.

It turns out consumers don't really think of it that way. Bank of America Merrill Lynch was astounded by a survey it commissioned of people getting ready to retire and those who had already retired.

The No. 1 goal for retirement was not building wealth but achieving peace of mind. And for many who are approaching their retirement years, that translates into remaining in the labor force.

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