Retirement Planning Tips: How Much an Average Person 65 and Older Spends Every Month
WiserAdvisor
JANUARY 16, 2024
Let’s consider a hypothetical scenario where your present household income is $90,000. Applying the 80% rule, you should plan on having at least $72,000 annually during your retirement years. Calculating potential housing costs accurately is fundamental for developing a realistic retirement budget. of overall expenses.
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