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Rich American retirees hoarding cash out of fear

All of a sudden, they're not getting a regular salary and they're afraid they would run out of cash too early
Wednesday, May 17, 2017 - 05:50

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New York

THERE'S a time in everyone's life to save. There's also a time when you're supposed to spend. That time is commonly known as retirement.

Millions of Americans aren't doing that, however, which has put the US in a perverse situation. Younger generations aren't saving enough

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