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3 ways to stretch your retirement dollar

CNN Money - Tue Nov 10, 11:28 am ET

Question: I worked for the same company for more than 27 years and then was laid off eight months ago. Although at age 57 I have lots of experience, my employment prospects look bleak. My 401(k) has gone down the drain the past two years and is currently worth about $320,000. As I approach retirement, I wonder: Will this be enough to live on? --David, Los Angeles, Calif.