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Community FAQ

How much should I save for retirement?

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The amount needed for retirement varies based on individual circumstances including your desired lifestyle, inflation, healthcare costs, and longevity. A common guideline is to aim for 70-80% of your pre-retirement income annually. Working with a financial planner can help you estimate your specific needs based on your goals and current financial situation.

Answered by Shannon K. Neely, Shannon Neely Financial.

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