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New retirement planning: How to spend your time, not your money

Many people in their 70s represent the last hurrah of the traditional image of American retirement.

My office bookshelves are crammed with financial titles explaining how to save for retirement, ensure that my money lasts a lifetime, use strategies to protect my nest egg from the devastating health care costs, retire wealthy and, failing that, great jobs for people 50 and older.

But lately, I've

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