while other expenses (like health care) have gone up. A good practice is to assign a percentage figure that you can apply against your current annual expenses. For example, my retirement annual expenditure will be 50 per cent of my current annual expenditure. The higher you make this percentage figure, the more conservative your estimate. As a rule of thumb, go with a percentage figure of 100 per cent, that is, you’re assuming that after retirement, your expenses will be the same as they are right now. Write down, in number of years, the amount of time you expect to spend in retirement. For
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