Can I Afford to Retire?
by T. Eric Reich, CIMA®, CFP®, CLU®, ChFC®
Aug 04, 2021
3 minutes
It is not at all uncommon for people looking to retire in the not-too-distant future to question whether they can actually afford to retire. In the absence of a clear understanding of what their future retirement income will look like, most of those folks hoping to retire will simply choose to work longer out of fear of the unknown.
This is similar to when those who are already retired because they just don't know how much they can safely afford
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