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Jeff Kizer, a math teacher and tennis coach in California, is participating in CNN’s Savings Challenge to improve his retirement savings. With a cautious approach, he has saved nearly $165,000 and plans to continue working into his 70s, prioritizing happiness over accumulating wealth. Financial planner Craig Toberman is advising Jeff to focus on paying down more than $80,000 in debt before increasing his savings rate, to ensure better financial stability in the future.
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