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How much money will you need to retire? Simply put, it costs more to live longer.
However, most people underestimate how long they may live. If you base your retirement strategy on assumptions that are too conservative, you run the very real risk of outliving your money. And assumptions that might have made sense a decade or two ago may now be outdated largely due to rising healthcare costs and the impact of inflation and taxes on your retirement income.
Knowing how much to save for retirement is extremely important, but complex to calculate. Your strategy should reflect your lifestyle goals and risk tolerance and take interest rates, market fluctuations, and healthcare costs into consideration.
If you’re thinking it may be time to re-evaluate your current retirement strategy, let’s connect to discuss in more detail.
Are you looking forward to retirement? Are you really prepared for what lies ahead? Our free ebook can help you find out. Register today to receive your copy of "Retire Happy: A Simple Guide to Your Next Big Adventure."