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Published : Tue, Jun 18 2019 :3 PM.
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It can be difficult to predict exact expenses in retirement. We assume that, during retirement, you’ll want to maintain the standard of living you had just before you retired, which means consuming the same amount (adjusted for your new zip code). Although you may no longer have a mortgage or be supporting children, those expenses are typically replaced by new activities or hobbies, as well as travel and medical expenses.
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