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The retirement crisis might not be all it’s been cracked up to be. A new report from the National Bureau of Economic Research and the Rand Corp. finds seven in 10 Americans between the ages of 66 and 69 are “adequately prepared” for the consumption levels required for a successful retirement. This despite dire predictions of readiness for retirement on the part of baby boomers and older cohorts, made worse by the economic downturn of recent years.

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