by Terry Horan
Monday, May 14, 2012
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Almost everywhere we look these days, we’re seeing big numbers – the nation’s deficit and debt, total student loans outstanding, the underfunding of municipal pensions, our over-extended entitlement programs: Social Security, Medicare and Medicaid. Where it’s all going is anybody’s guess, but at the risk of overload, I’m going to share one more big number with you – one that has clear relevance to all of our futures.
A 65-year-old couple retiring this year will need $240,00...