One of the most common questions people ask is How much will I need to retire The answer is It depends It depends on your lifestyle needs and one key factor how much you re willing and able to cut from your budget Let s explore how thoughtful adjustments can help you bridge the retirement income gap and make this season of life meaningful and fulfilling Understanding Retirement IncomeMost retirees experience a drop in income While many work-related expenses disappear like commuting clothing and dining out studies show the average retirement budget is about of pre-retirement income Experts generally recommend
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