Before Retiring, Try Spending Like a Retired Person

In planning for retirement, many people may develop what they believe is a realistic budget. Yet they have no palpable way of knowing whether they’ll be able to make changes necessary to stay within that budget and keep from prematurely exhausting their retirement resources. As many near-retirees underestimate spending in retirement — no matter how…

The post Before Retiring, Try Spending Like a Retired Person appeared first on Next Avenue.

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