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Stocks Are Less of Your Net Worth Than You Think
The Wall Street Journal in Yahoo Finance 
Dec. 3, 2008 Excerpt: Here's why. Say you are a 65-year-old man; your life expectancy is 17 more years. You earned good money, and now you can expect a monthly Social Security payment of $2,000. At least for now, the U.S. government pledges that you will receive those payments, adjusted for inflation, for as long as you live. Having Social Security is equivalent to holding a bond that should produce $24,000 in today's purchasing power every year. MORE >> |
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