What is a reasonable retirement spending plan?

Fidelity retirement budget worksheet

What is a reasonable retirement spending plan? Steinke explains that “a retiree’s pre-retirement income is often estimated at 70% to 80% of a healthy retirement budget.” If you’re still working and earning $100,000 per year, you may estimate that in retirement you’ll need $70,000 to $80,000 per year as a starting point. How much money …

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