It’s no surprise that Americans are worried about running out of money in retirement. But what is surprising is that lots of those folks are pretty well off.
More than half (57 percent) of the respondents to the American Institute of CPAs’ survey of financial planners, many of whose clients are high-net-worth individuals, said that running out of money is their clients’ top retirement worry.
Fourteen percent of respondents also said their clients don’t know how much money to withdraw from their retirement accounts, while 11 percent said clients’ top retirement worry was medical costs.
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