You know how everyone says that you will spend less in retirement? We’d give that a solid maybe. As a rule, financial advisors say you need to replace 70 percent to 85 percent of your pre-retirement income to maintain your lifestyle. And they even have a name for the areas in which you will spend less: Welcome to the world of “consumption discontinuity.” 1.
Similar Stories to The 5 Expenses That Evaporate As Soon As You Retire on Bing News
Ann Brenoff, Huffington Post
Sun, 10/23/2016 - 6:25am
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