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Newspaper
Middletown Journal
Location
Middletown, Ohio, United States of America
Date
Dec 02, 1973
Page
8
A banker explains why many retirees seem flush, outlining five main sources: home sales often yield $30,000 or more, cash-ins of life insurance as spouses join pensions, annuity cash-outs due to higher current rates, profit sharing and stock options, and credit union savings. He notes a couple with no prior savings could amass around $70,000 from these avenues.
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