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Subject:  Re: Beginning Retirement Investing Date:  2/18/2013  7:55 PM
Author:  0x6a74 Number:  71426 of 88544

> The current issue of Money magazine has a short piece addressing your exact question. They say if you save 16.5% of gross pay you will be able have a retirement close to your preretirement in terms of spending. That does not mean you need provide the entire 16.5% since employer matching would reduce the amount.


where the heck does that come from?

why not 16.527%
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