One-Third of Retirees Lack Funds for This Huge Expense

Preparing for a life without a paycheck means that seniors need to be sure they have a plan in place to cover all of the essentials they'll need during retirement.

Unfortunately, disturbing new data from the Center for Retirement Research (CRR) found millions of older Americans are woefully underprepared for one big expense that could be the largest cost they face -- and the most crucial one to cover. 

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Source Fool.com