Many retirement planning experts believe ... such as a car payment and those you will need to estimate (e.g., your monthly food costs). 2. Develop a list of known one-time or short-duration ...
While some costs, such as commuting expenses, may decrease in retirement, others could rise. Consider hobbies, healthcare expenses, and potential inflation when estimating retirement costs.
Some expenses change in retirement. While transportation and housing costs often drop, health care and entertainment may go up. Don't overlook costs that may rise, including taxes and interest on ...
uses evidence from focus groups to make the estimates. It is intended as a guide for those planning their retirement savings. The rise is primarily the result of rising food and energy costs ...