Senior Living

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Retirement living will be cheaper than expected, says study

With millions of people set to retire in the coming years, many experts warned that people are not saving enough money for retirement living, but a new study says most Americans have little to worry about.

As reported on, two economists from Rand Corp say most retirees tend to spend less than they did earlier in their lives, so they don't need as much money to live off as many experts say.