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Saturday, October 8, 2011

The amount of money you will need for retirement is essentially the same amount that you need right now less the expenses that you will no longer have by the time you retire. Most of the time these are long-term expenses such as mortgages, money you’re saving for retirement, etc. This may change as you could decide that you would like to help put the grandkids through college or have another long-term expense that comes up during retirement.


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