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Retirement targets jump 20% as life stages overlap, HSBC survey finds

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Affluent individuals believe they need 20% more money to retire than they did a year ago, according to HSBC research. Our survey of nearly 10,000 affluent and high-net-worth investors across 10 markets found that the perceived cost of retirement is now $1.26 million – but respondents have saved just 49%…

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