Pondering Risks in Retirement
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Frances and Jim Langerfeld know exactly how much they spent as newlyweds in August 1968. Rent for their house: $115. Groceries at Publix: $12.26. A suit for Mr. Langerfeld: $62.68. It is all meticulously detailed in an orange budgeting book that Mrs. Langerfeld pulled from her garage one recent evening. She kept several others, which offer a window into their family’s financial life.