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Retirement
Setting Retirement Income Goal
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[QUOTE="Catherine Acorda-Mapalo, post: 4074, member: 488"] There really is no single number that would guarantee everyone an adequate retirement. It depends on many factors, including your desired standard of living, your expenses (including any medical costs) and your target retirement age. Stay on track with a retirement savings goal. With your monthly savings goal in hand, create a budget that can help you reach it. Write everything down so you know what’s coming in and what’s going out. You need to have more income than expenses, because that’s your savings. If you don’t, you might need to make some sacrifices. [/QUOTE]
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