Retirement Costs Underestimated

October 2, 2018

A global study of retirement costs has discovered that of 22,000 people polled expect to spend about 34% of their retirement income on basic living expense – the reality is 50%.

Those of you who have allowed me to complete a long term cash flow plan are planning with real numbers – and therefore in good shape- the individuals polled in this study are simply guessing at their retirement costs.