Covering Your Monthly Expenses in Retirement: Estimate Them, Then Secure Your Income
How much money do you need to save for retirement? If you're trying to calculate a dollar amount, you're probably not looking at it the right way.
It's hard to know how long a certain sum will last because of so many unknowns. Two variables are future inflation rates and how much you'll earn on your money during retirement. And the biggest unknown is how long you (and your spouse, if you're married) will live.
So, instead of trying
