Experts estimate that retirees need approximately 50 percent of their preretirement income to live comfortably.

Name: Experts estimate that retirees need approximately 50 percent of their preretirement income to live comfortably.
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Experts typically estimate that retirees need about 70% to 80% of their preretirement income to live comfortably, not 50%. This higher percentage accounts for maintaining a similar lifestyle in retirement.

Experts Estimate That Retirees Need Approximately 50 Percent of Their