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Report: Small-business owners neglecting retirement preparation

Three-fourths of small-business owners have retirement savings of less than $100,000, BMO Wealth Management says. Owners should look to remedy the situation by accumulating wealth outside their businesses, says Jason Miller of BMO. The Washington Post (tiered subscription model) (10/31) 

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A future without pensions awaits most retirees

About 80% of retirees won't benefit from a traditional pension in the future, according to an industry report. Financial advisers' assistance will be crucial to helping those Americans use annuities and Social Security to offset the absence of a pension, the report says. InsuranceNewsNet Magazine (11/2016) 

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