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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.
Kansas. Cost-of-living index: 86.7 Annual cost of living: $52,095 Annual expenditures after Social Security: $29,658 How much savings you need to retire: $741,455 Find Out: Here’s How Much You ...
“For example, you may spend $6,000 per month right now, but $1,500 of that may be a mortgage that will be paid off prior to retirement. Additionally, you will need to consider how much health ...
Fidelity estimates that an average retired couple may need about $315,000 for healthcare expenses during retirement. Taxes: Don’t forget about taxes during retirement.
A lot goes into figuring out how much money you need to retire, but one common piece of advice is that you need about $1 million. Skip to main content. 24/7 Help. For premium support please call: ...
Expense. Average Cost. Housing. $13,824 (renter) $22,020 (homeowner with mortgage) $8,220 (homeowner without mortgage) Food. $3,888. Transportation. $3,240. Healthcare
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