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Retirement advice from retired financial experts

Most retirement advice has a flaw: It’s being given by people who haven’t yet retired.

So I asked money experts who have quit the 9-to-5 for their best advice on how to prepare for retirement.

They still faced curveballs when it was their turn. Making the right financial moves is important, they said, but so is getting ready mentally, emotionally and socially.

Millennials are falling behind their boomer parents

MILWAUKEE — Baby Boomers: your millennial children are worse off than you.

With a median household income of $40,581, millennials earn 20 per cent less than boomers did at the same stage of life, despite being better educated, according to a new analysis of Federal Reserve data by the advocacy group Young Invincibles.