Faced with the difficult task of managing assets to last them the rest of their lives, current retirees are doing a reasonably good job.

The Employee Benefit Research Institute of Washington recently issued a brief examining the financial health of retirees between the ages of 65 and 75 each year between 1992 and 2004. EBRI found that the majority appeared to be starting their retirement reasonably successfully in terms of income and remaining assets. The average participant had total wealth of $100,000 or more, including the value of their home.

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