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Some Solids Tips For Planning FOr Retirement

Are you looking to retire soon? Maybe you have a friend or family member that is about to take on this journey in their life? Whatever the case may be, you need to be properly prepared so that when that time comes, you make the most of these years. Here is some information that will be of assistance.
Figure out exactly what your retirement needs and costs will be. Most people need around seventy percent of their current income just to cover basic necessities during their retirement years. If you are in the lower tax bracket, you may need 90 percent of your income to retire.