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A lot goes into figuring out how much money you need to retire. In the end, the amount you need to retire depends as much on the amount you spend as it does on the amount you have saved.
Part of planning for retirement is a math exercise -- figuring out how much money you have, how much you need and how to best save enough to build a big enough nest egg before you hang up your ...
One of the biggest challenges of retirement planning is figuring out how much money you need. There are several ways to estimate it , including talking to a financial advisor or using a retirement ...
The graph above can be compared with those generated by many retirement calculators. However, most retirement calculators use nominal (not "real" dollars) and therefore require a projection of both the expected inflation rate and the expected nominal rate of return.
And, if you want to figure out whether you are saving enough for retirement, SmartAsset’s free retirement calculator can help you determine how much you will need.
“To estimate the amount of money you would need set aside to maintain your current lifestyle in retirement, you would first need to figure out how much you spend and how that might change in ...
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