Study shows how low interest rates could sap retirement income

06/26/2013 | Financial-Planning.com

If historically low interest rates persist, more people are likely to run out of money in retirement, research from the Employee Benefit Research Institute says. The projection holds for all but the lowest income quartile, which depends more heavily on Social Security benefits than investments, EBRI says. However, factoring in Social Security, pensions and home equity mitigates the detrimental effects that low interest rates have on people in the higher income groups.

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