Summary
Theres a widespread rule of thumb that retirees need about 70% to 80% of their pre-retirement income. However, this guideline overlooks the potential for inflation and increased spending in other areas like travel, hobbies and especially health care.
Source: US News & World Report - Money on MSN.com
Exclusive AI-Powered News Insights (For Members only)
Disclaimer:This content is AI-generated from various trusted sources and is intended for informational purposes only. While we strive for accuracy, we encourage you to verify details independently. Use the contact button to share feedback on any inaccuracies—your input helps us improve!
