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Financial Planning / Investing for you / Getting ready for retirement Step 2Determine how much you’ll need to retire successfully
Don’t assume your required retirement income will simply be a percentage of your current income; the cost of your lifestyle is more a function of what you will spend than what you made last year. the best way to come to terms with maximizing your retirement lifestyle is to focus on the things you want, and reduce expenditures on everything else. One of the easiest ways to determine how much you will need to live on in your retirement years is to compare today’s needs with what you will need then. Please click on image to download worksheet. |