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AARP is urging lawmakers to create a retirement savings program for employees who don't have access to such plans through their jobs.
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By Joanne Cleaver
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Across the country, millions of people are at risk of running out of savings after they retire, and Social Security alone isn’t enough to live on. In Wisconsin, the average benefits for a 65+ family is only about $20,000 per year, while older families on average spend $22,000 a year on food, utilities and health care alone.
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