Where will your retirement money come from? If you’re like most people, qualified-retirement plans, Social Security, and personal savings and investments are expected to play a role. Once you have estimated the amount of money you may need for retirement, a sound approach involves taking a close look at your potential retirement-income sources.
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However exciting retiring abroad may sound, it deserves considerable planning.
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Estimate how much income may be needed at retirement to maintain your standard of living.
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