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Living off of Savings for Your Entire Retirement
Many people approaching retirement age are worried just how far their savings will take them in to retirement. Many are concerned with outliving their savings as the average life span continues to go up. One of the best things to curb the stress that comes with this is to have a proper plan for retirement. In order to know how much you need for retirement you need to figure out how much you need each month to cover all of your expenses. With this number you can see how much your savings can take you when combined with your projected Social Security benefits. A financial advisor can also go a long way if this task starts to feel overwhelming. For more information visit this article by Casey Dowd with Fox Business.