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But it's not just Americans traveling overseas who need to concern themselves with this. A weak dollar triggers a rise in prices that can boost inflation and reduce purchasing power. If you're counting on $50,000 a year in today's dollars to cover expenses in retirement 20 years from now, you may find that you'll need closer to $75,000.

 

Submitted: Nov 17, 2007    Views: 737    Comments: 1    Likes: 10   


View Article: http://www.bankrate.com/bos/news/investing/20070829_foreign_investi...


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Comments Received:

mark gohari
(Unregistered)

Next 20 years 5ok today is =85k or more no less.

Posted: Nov 30, 2007



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