In short-term retirement planning,you estimate the required level of retirement income as a percentage of current income,fund that amount,and then adjust that number every 3 to 5 years.

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In short-term retirement planning, it is common to estimate the required level of retirement income as a percentage of current income, fund that amount, and then adjust that number every few years to account for changes in expenses, lifestyle, and inflation. This is often done in the years leading up to retirement and during the first few years of retirement, when individuals may have a more precise idea of their financial needs and goals.

In Short-Term Retirement Planning,you Estimate the Required Level of Retirement