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Reply to "How much do people have saved for retirement?"
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[quote=Anonymous]I know people who have retired with less and have been fine. Not super-flush, but with careful budgeting, lived perfectly comfortably. You really should try to minimize your housing expenses, though. Either pay off the house or sell and move to a less expensive location. Healthcare is the real wildcard - your out-of-pocket costs can really eat into your income if you experience a serious illness. I would still try to save as much as possible for the next few years - make hay while the sun shines...[/quote]
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