How Much Retirement Income Will You Really Need?
Provided by Joseph Regenstein IV, CMFC on April 17, 2012 Many people underestimate lifestyle costs, medical expenses and inflation. What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary to live comfortably in retirement. This estimate is frequently repeated, but that doesn’t mean it’s true for [...]
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