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Reply to "Spending in Retirement"
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[quote=Anonymous]Our expenses are way up in retirement but our adjusted gross income is probably 70-80% of pre retirement income. We used to be pretty aggressive savers but that’s pretty much over. Between pensions, SS and required retirement distributions we can cover the majority of our expenses without much tapping into our non retirement accounts. If the equity markets grow 5-7% our increased net worth will build up our cushion. [/quote]
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